The sale of the Dairy Bar and Studio 2000 is still being negotiated between real estate agent Pete’s Realty, the owner of the multi-tiered business establishment and various potential buyers, and nothing has been finalized, contrary to what had been reported in this newspaper.
This is according to the broker Ramcoomar ‘Pete’ Persaud and the owner of the business David Allicock.
Allicock told this newspaper that the business would be getting an injection of new capital and would not be closing, but expanding on all fronts. He said the health club would be going to the second floor and the fast food section expanded.
A staff member of Pete’s realty had told this newspaper that the deal had been closed and that the figure in the transaction was $85M. But Persaud said that this was not so.
