SUNBIZ

Singh Bets On $5m Investment

Longridge Holdings Ltd, the owners of the Bounty restaurant, has heavily invested in their new extension which includes the 8 Knots nightclub in Martintar, Nadi. It adds to the growing
28 Apr 2017 12:42
Singh Bets On $5m Investment
From left: Mereoni Vosawale, club owner Robert Singh, business partner Melinda Marriot, Filomena Rayasi and Tracey Bradburgh at the 8 Knots in Martintar, Nadi, on Wednesday, April 26, 2017. Photo: WAISEA NASOKIA

Longridge Holdings Ltd, the owners of the Bounty restaurant, has heavily invested in their new extension which includes the 8 Knots nightclub in Martintar, Nadi.

It adds to the growing “tourism” strip benefiting from the extended opening hours allowed in the tourism zones.

At the moment there are about 25 bars and restaurants along the Martintar-Namaka corridor.

Director Robert Singh said they invested about $5 million on the 8 Knots club, conference centre and pizza outlet which were yet to open.

He said: “At the back of the growing tourism market we decided to invest in just food and entertainment.

“We find that what we are doing so far is very successful. Our target is to move towards events rather than relying on walkers off the streets.”

Mr Singh, a former banker, started his business in 2005. He bought the operating lease for the Bounty restaurant situated on the ground floor.

In 2006, he bought the whole business including the former Mountain View Apartment with 14 rooms on the second floor from Kiwis, Brian and Veronica Smith.

“Two years ago we demolished Mountain View Apartments and started building the club which we officially opened on December 8,” he said.

He added the three-storey building at the moment was valued in excess of $7m.

Previously the entire restaurant could only operate until 11pm and the clubs until 1am. But now they can open until 5am, thanks to the Government’s tourism area initiative. He said the facilities could accommodate 200-300 people on the second floor and in the restaurant about 100-150 people.

When the demand is high, they employ at least 25 staff; all trained to work in the restaurant and the club.

 

About 8 Knots

The owners want to maintain the nautical feeling of the club since the restaurant is called the Bounty.

“We decided on the 8 Knots’ based on the growing market, China, and for them, number eight is considered very lucky.”

Knot is derived from a vessel’s speed.

The club is fitted with brand new surround sound with latest lighting to give a great vibe.

 

Conference centre on third floor

The third floor is under construction and will be used to host conferences. It will open in either June or July.

“It’s mainly for events because it has a the capacity to carry 300 people, so they can do birthdays and weddings, family reunions and in between we will use it for karaoke bar,” Mr Singh added.

“This provides the platform where we can attract tourists who are concentrated in Port Denarau.”

 

Pizzeria

Also on the first floor, they will open a pizza outlet, which is likely to operate in June.

“This will create the time and tide scene, with its own band, its own bar and dance floor, so that will create a more close knit clubbing type of environment,” he said.

EDITED BY: IVAMERE NATARO

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