RICHARD Borthwick, owner of Sharky’s Bar in Mablethorpe for eight years, has revealed he has now sold his shares in the pub.
His sold his shares in leaseholders Dunes FEC Ltd on Friday to town and district councillors Graham Cullen and Paddy Prince.
Graham said the bar would stay the same but a new restaurant could be up and running in the next fortnight.
A name change could also be in line for the venue.
Richard says he will now spend his time developing a new project with a ‘global customer base’ and will also resign from the Town Centre Partnership.