Entrepreneur Mark Nigrelli will open Newcastle’s newest nighttime venue in a week, following funding support from NatWest.
Glass House, a luxury whiskey, wine and champagne will open in historic Milburn House on February 27, following extensive work to transform a 3,000sqft space within the building.
Refurbishment works are almost complete, with bar owner Mark Nigrelli investing in excess of £250,000 through a deal struck by chartered surveyor and property consultancy Sanderson Weatherall.
Mr Nigrelli has created 20 new jobs in the venture, which aims to create an art nouveau style venue reminiscent of the 1920s inside the former bank.
For the last 20 years Mark has been working as a singer performing in clubs and venues around the world and it was while on his travels that his idea for Glass House first came to fruition.
He said: “While I was in New York I visited a whiskey bar which I really liked because it had a great feel about it. While in Stockholm I visited a champagne bar which was similar in quality.
“With Glass House I want to bring those two establishments together and create a venue that customers might expect to find in London but not necessarily in Newcastle city centre.
“It will be the type of establishment you can go to and have a nice quality drink with friends in a luxurious setting.”
When the time came to obtain funding for his new business, Mr Nigrelli turned to NatWest relationship manager Ben Foster, who obtained a £90,000 loan to support the start up of the business and assist with refurbishment works.
Mr Foster said: “I was delighted to support Mark as he gets ready to open Glass House in Newcastle. I wish Mark and the business every success for the future.”
London & Scottish, asset managers of the building, and owners Toscafund are now working on a long term plan of investment in the building to provide a modernised contemporary city centre environment for a variety of commercial occupiers.
Meanwhile, plans are ongoing to create further Glass House venues in other key cities.