Loungers is The Latest Restaurant to Sign up to Friars Walk
Queensberry Real Estate has announced that Loungers is the latest restaurant to join Friars Walk when it opens in November this year. The restaurant operator will take a 3000sq ft unit in Usk Plaza, the leisure section of Friars Walk, and will be the ninth restaurant to take space.
Loungers is an informal, neighbourhood food-led café/bar which is open all day and is suitable for everyone and offers coffee, drinks and an extensive food menu. The Loungers experience is relaxed, homely and friendly, and will complement the wide range of restaurants secured at Usk Plaza.
Chris Daly, Senior Leasing Manager for Queensberry Real Estate, added: “Loungers is an excellent brand, adding an exciting all day into evening offer to our already strong line up of restaurants planned for the Usk Plaza at Friars Walk. We have one further restaurant under offer, leaving one last opportunity. We are looking for an operator that adds something different to the mix but complements it at the same time. It would be great to add a local or regional restaurant.”
Business Rate Revision Raises Hopes
Dan Wagner, eCommerce veteran and founder and CEO of Powa Technologies comments on George Osborne’s recent Budget: “The long-awaited revision of business rates raises hopes for thousands of businesses in the country, especially in the struggling retail sector.
This is an important step in the right direction as the modern business world can no longer be penalised due to an archaic system that has long been made redundant, with digitally-focused businesses such as online retailers gaining an unfair advantage over operations forced to rely on their physical presence.
“However, the sluggish performance of the retail sector will not be reversed simply by changing rates. The roots of the high street’s issues go much deeper and require a whole new set of measures and strategies. Struggling retailers need to adopt a very different approach when it comes to engaging with consumers in-store and online.”
Barburrito is a Wrap at Cardiff
Mexican restaurant group Barburrito is joining the line-up at St David’s in Cardiff. This is the group’s first venture in Wales and plans are underway to offer a new and expanded menu when it opens its doors later this spring.
Morgan Davies, CEO of Barburrito, comments: “We will be launching our 34 cover restaurant at St David’s with a new and expanded menu, which is being tested at some of our existing sites. As the UK’s first burrito bar chain, we continue to invest in staying ahead of the competition and, in Cardiff, we are excited to be launching our new brand and interior designs.”
St David’s shopping centre provides over 1.4 million square feet of retail and leisure space and over 180 stores. Since opening its doors in 2009, it has put Cardiff firmly on the map as one of the UK’s best shopping cities.
Slam City Skates Supersizes in Seven Dials
Shaftesbury Plc has announced that Slam City Skates, the skateboard clothing and equipment brand, is relocating to a larger store within Seven Dials. The brand is to upsize from its current site at 16 Neal’s Yard to a new 1,653 sq ft store at 37 Endell Street and will be launching a new concept design.
The store, due to open in the spring, will add to the strong line-up at the gateway to Seven Dials including unique and long-standing retailers such as American Classics and Ten Cases, an independent wine merchant.
Founded in 1986, Slam City Skates pioneered the distribution of US skateboard hardware, clothing, footwear and snowboard equipment to the UK. The company debuted in Seven Dials and became a renowned mecca for skateboard enthusiasts.
The Broadway Bradford Scheduled to Open in Autumn
Development of a new Westfield shopping centre in the heart of Bradford is set to enhance the area’s popularity as a shopping destination. The city serves a catchment population of 919,391 with a weighted annual spend potential of £623M, forecast to grow by more than an additional £250M on completion of the Broadway development.
Westfield’s plans are part of a wider urban regeneration masterplan being led by Bradford Council within their City Plan. Scheduled to open in Autumn 2015, the Broadway development will complete the ‘Connecting the City’ project, providing new links to the major quarters of the city centre, including improvements to the pedestrianised streets and public realm. The Broadway will be at the heart of the existing shopping area and connected to the new and highly successful City Park, the Law Courts and Little Germany/Cathedral Quarter.
On completion, the development will total 570,000 sq ft of retail and leisure space, with 1,300 new car parking spaces. In addition to Debenhams, M&S and Next, more than 70 shops, restaurants and cafes will bring together a dynamic mix of high street fashion, food and lifestyle brands.
Prime Minister David Cameron commented: “I am delighted to hear of the implementation of the £260M Broadway Project and congratulate you and your team on its commitment to help regenerate Bradford.”