Afrizi is the latest operator to sign up for new space at Basingstoke’s Festival Place. The independent restaurant, exclusively based within Festival Place, has signed a five-year lease on 1,900sq ft at the scheme.
Offering a wide range of food while caring for the planet, Afrizi only uses compostable containers & bamboo cutlery for takeaway while its interior design is made exclusively of upcycled materials.
Afrizi is the latest F&B operator to join Basingstoke’s Festival Place. This follows the recent opening of BrewDog and Five Guys and is indicative of Festival Place’s strategic leasing policy, with a renewed emphasis on the food and beverage (F&B) provision to complement the traditional retail offer.
Russell Jewell, Head of Private Equity Funds at AEW, said: “We see the evolution of our F&B offer as key to help ensure the success of Festival Place in the future. While the arrival of flagship brands like Five Guys or BrewDog is integral to our strategy, we strongly believe in the power of attracting localised and independent brands to differentiate our offer from other venues.”
With more than 20 new leases/lease renewals agreed in the last 18 months, Festival Place (Basingstoke) is showcasing continued resilience and relevance as a key retail and leisure destination.
