THE lease of Ardross restaurant Campo de Fiori has been sold to Gala Group Pty Ltd.
The company is operated by German-born Johannes Lang and Marianne Kempf.
Clout and Associates’ Mathew Smith said he had to wait on official settlement and documentation to be processed before he could reveal details surrounding the sale.
“We are waiting on a liquor licence transfer to come through and other formalities,” he said.
Yvette and Duncan Barker purchased the restaurant in November 2000 but appointed administrators in late February of this year.
At the beginning of this month, Clout and Associates told WA Business News that applications for the licence had been narrowed down to two purchasers and that the selling price was likely to be $500,000. WA Business News understands Mr and Mrs Barker bought the restaurant for $700,000, including stock.
Umberto Tinelli, former proprietor and current landlord, said he does not know who the purchaser is and could not comment further on the sale.
