1994 - Longshot began with the acquisition of The Goat in Boots pub,
Fulham Road, London and subsequently opened The Kings Club, a private members
club, and the Andrew Robson Bridge Club. Founding shareholders included banker
Rupert Hambro (Hambro’s Bank, J O Hambro etc.) and hotelier, Giles Shepard (The
Savoy Group, The Ritz etc.).
1995 - Longshot founded London’s first 24 hour restaurant, Vingt Quatre.
1996 – Longshot acquired SWXI, a fully-fitted restaurant out of
liquidation. Operating losses meant Longshot’s original plan was unsuccessful,
but the site was sold to ‘All Bar One’ for over 7 times the purchase amount.
1999 - Longshot entered the neighbourhood restaurant business, with the
acquisition of 2 sites: The Admiral Codrington and The Salisbury Tavern. By
combining a classic pub with a good restaurant at both sites, Longshot created
two key neighbourhood venues.
2000 - Longshot led a takeover of The Groucho Club (OFEX Listed) for
£11.6m. Longshot subsequently took the company private and sold off the non-core
assets: Groucho St Judes in Scotland and 192 Kensington Park Road restaurant in
Notting Hill. Investment was made in the operating business and the freehold
property, before initiating a phased refurbishment plan.
2001 - In the late 1990s, Longshot foresaw unique potential in the health
& fitness industry and so acquired a site to create their new concept ‘The Third
Space’. Opened in 2001 and setting a new industry standard, The Club boasts
numerous unique features, including a fully integrated medical centre, The Third
2002 - Longshot created the property company ‘Longshine’ to acquire the
headlease for the entire building in which The Third Space is situated.
2004 – Longshot plc agreed a £16.6m integrated debt and equity package
with The Bank of Scotland Corporate Banking to develop new restaurants and
refinance existing debt.
2006 – May, The Admiral Codrington, The Salisbury Tavern and Vingt Quatre
2006 – June, Longshot sold The Groucho Club to the private equity firm
2007 – The Third Space was sold in a Management Buy Out.