January 19, 2018          Login  
 
 
 
 
 
Home
 
 
Scheduled Auctions
 
 
 
Featured Auctions
 
 
The Auction Process
 
 
 
Auction Services
 
 
News & Press
 
 
Charity
 
 
Join Our Mailing List
 
 
My Registrations
 
 
News & Press   
Share on       
News & Press
16

Cape Cod Times - By ROBERT GOLD
rgold@capecodonline.com
October 16, 2012
 
COTUIT — The owner of a Mashpee motel was the winning bidder for The Regatta, a fine dining restaurant in Cotuit that closed last month.

Peter Menounos, who owns the Santuit Inn in Mashpee, said he placed a successful bid of $555,000 last week for the Route 28 restaurant. He said the deal for the property hasn't been closed yet.

The Cotuit resident said he's in the process of figuring out what type of restaurant he will open in the building.

"It remains to be seen exactly what it will be," he said.

The Regatta was originally opened about 30 years ago by Brantz Bryan.

Weldon Fizell, the most recent owner and chef, bought the Regatta about six years ago. He closed the restaurant last month, notifying people on the restaurant's Facebook page with a posting that said "it is hard to believe the ride has ended."

According to the website of Daniel P. McLaughlin & Co., a Boston-based auctioneer, the auction was held Oct. 11. The property includes three dining rooms, a 14-seat bar, patio dining area, a kitchen, two other rooms and parking for about 50 cars.

The auctioneer did not return a call seeking comment.

Menounos said he hasn't decided whether to keep the Regatta as the restaurant's name. That may be determined on the style of restaurant. Regardless of what Menounos chooses, he said he won't re-open until the spring.

Any renovations won't alter the style or "gorgeous charm" of the building, he said.

"I'm not looking to corrupt the integrity of the property at all," he said.

Five years ago, the business owner bought the Santuit Inn, which is a short drive along Route 28 from the the Regatta building.

Menounos said his partner in the Cotuit restaurant is Paul Roiss, a Boston real estate developer who also co-owns several restaurants such as Mistral, a French cuisine restaurant in Boston's South End, and Mooo, a steak house on Beacon Hill.

Posted in: Print, Internet

Post Rating

Comments

There are currently no comments, be the first to post one!

Post Comment

Only registered users may post comments.
 

McLaughlin & Co. LLC
31 New Chardon Street | Boston, MA 02114
Direct: 617-646-1019 | Fax: 617-646-1290

 
  Copyright 2018 by McLaughlin & Co. LLC   Terms Of Use  Privacy Statement