Archive for the ‘Restaurant’ Category

Just Falafel continue to falafuel the UK!

27/01/2014 by Theo Benedyk

With over 40 restaurants trading Globally, our client Just Falafel is right on track in keeping with the trend of more and more people on the move looking for a healthy alternative to fast food.

Just Falafel have exciting plans for the UK, with 2013 alone seeing the opening of their first six UK restaurants. The sixth opened  in December 2013 at 7 Fulham Broadway (see below). Comprising approximately 700 sq ft at ground floor with a similar sized basement, in an excellent location adjacent to a shortly to open Wholefoods, and close to Fulham Broadway Station.

The seventh restaurant opened last week at 104/106 South Street, Romford. Several  further locations are currently under  negotiation, please click here for Just Falafel’s Property Requirements flyer.

Please contact Theo Benedyk at Lewis Craig for further information.

We Grill on target to open early 2014

30/09/2013 by Theo Benedyk

We Grill is an exciting new fast casual restaurant operation developed by our client Tarek Yafi. The offer is a unique selection of very healthy marinated seared skewers, original seasonal side dishes, newly developed salads and homemade soups, in a comfortable, modern, sophisticated and vibrant environment. The core customer is the 20-50 year old professional seeking a healthy tasty reasonably priced meal whether at lunchtime or in the evening.

With the first site lined up and scheduled to open in a high profile City location in early 2014, we are now keen to look at opportunities for the next one, with locations of interest including Marylebone, Soho, Covent Garden and Canary Wharf.  The plan is to establish eight We Grill restaurants over the next 5 years, in key locations throughout the capital, then to take the operation throughout London and into 3 major UK cities.

Contact Richard Grossman or Ben Pistol with opportunities or for further information.

Burger King open in Skegness

23/09/2013 by Ben Pistol

Our Burger King franchisee client CPL Foods Ltd, have recently opened at the ‘The Hildreds Shopping Centre’ in Skegness. The restaurant fronts the main High Street, Lumley Road and sits at the entrance of the scheme between H Samuel and Burton.

The premises, previously occupied by Frankie & Benny’s, comprise a double fronted restaurant, offering an overall area of approximately 4,800 sq ft, over ground and first floors. Lewis Craig acted for CPL Foods Ltd in the negotiating process.

Lamen Reddy, Operations Director of CPL Foods Ltd says: “We are very happy to bring a Burger King restaurant to Skegness and are overwhelmed by the support and feel very encouraged by the buzz being created from the local community.”

CPL Foods Ltd operate several other Burger Kings and are now seeking further sites, with 25 required over the next 5 years throughout the UK. The Skegness Burger King is a perfect example of the type of High Street location required, in addition to requirements for shopping centre food-courts and drive-thru opportunities.

Please speak to Ben Pistol or Richard Grossman for further information in relation to this clients requirements.

Quality Investment Acquired in Hoxton

27/06/2013 by Theo Benedyk

We have recently acquired an interesting investment in the centre of Hoxton, London N1 on behalf of Arinpath Ltd as part of the replacement of their Soho holding, which was acquired by Crossrail for the Tottenham Court Road station redevelopment.

The attraction of this investment is that it is a restaurant in the heart of fashionable Shoreditch – a fantastic lunch and evening destination with a strong night club provision. The surrounding area being a mixture of residential and commercial, known for housing fashionable residential, advertising and media companies with nearby Old Street fast becoming the epicentre of the UK’s internet-related industry.

The property comprises a 5 storey building, with the restaurant element being on ground and lower ground floors, and the upper three floors comprising three residential apartments.

The restaurant has recently undergone substantial refurbishment and now trades under the Rossopomodoro brand, a successful chain of international Italian restaurants with over 80 locations around the world, 6 of which are in London.

The price paid reflects a net initial yield of circa 6.5%.

Lewis Craig have been acting on behalf of Arinpath Ltd for over 25 years and will be managing this quality investment. We are actively seeking to acquire similar opportunities. For further information on our investment client requirements, please speak with Jeffrey Craig.

Greenwich’s New High Street Parade

27/06/2013 by Theo Benedyk

Lewis Craig and Kingsbury Consultants are jointly working on VFUND’s latest project.

The Creek Road development in Greenwich will provide exciting retail, restaurant and community use space within a newly developed landmark scheme in the heart of Royal Greenwich Town Centre opposite Cutty Sark DLR station.

The ground floor of the development will provide up to 1,538 sq m (16,563 sq ft) of flexible A1, A2, A3, D1 & D2 space with direct frontage onto Creek Road, arranged within 2 separate blocks, with the flexibility to sub-divide to suit occupier requirements. Servicing is provided via Bardsley Lane to the rear.

Greenwich is home to world famous landmarks, all within close proximity to the development, including Cutty Sark, The National Maritime Museum, The Royal Observatory and the Old Royal Naval College. It is situated within the heart of the Town Centre, on the A200 Creek Road, close to the junction with Greenwich Church Street and opposite Cutty Sark DLR station.

A diverse shopping and eating experience is already on offer, ranging from quirky shops, cafes and street markets through to established national retail and restaurant brands.

Being within the established leisure and restaurant circuit, plus within close proximity to numerous high profile residential developments, the scheme is likely to appeal to a range of national restaurant and retail operators, along with other specialist occupiers such as gyms.

The space will be finished to a shell and core state, and is expected to be ready for tenant fit out in the Autumn of 2014.

Creek Road Brochure

Just Falafel open their 2nd & 3rd restaurants in the UK!

24/04/2013 by Theo Benedyk

Following the success of Just Falafel’s first UK restaurant in Covent Garden, we are proud to announce that our client has now opened their second and third restaurants in London, in Baker Street and Hammersmith Broadway Shopping Centre.

Both Charing Cross Road and Croydon are well underway, with openings due shortly!

Just Falafel is a superb operation launched in the UAE in 2007, with over 35 restaurants trading globally, and is keeping with the trend of more and more people on the move looking for a healthy alternative to fast food!

Many more locations are now required within high footfall locations, and busy hubs of Central London.

A3 or A5 required, with a minimum 750 sq ft at ground floor preferred.

Please get in touch with Theo Benedyk or Richard Grossman at Lewis Craig with any ideas!

 

 

Burger Kingsway

14/02/2013 by Theo Benedyk

Our client Karali Group have this week opened at Kingsway in a superb location, alongside the recently opened Wagamama, opposite Holborn Station close to the junction of High Holborn. Lewis Craig acted for Karali in the negotiating process.

Karali now operate over 60 Burger King restaurants throughout the UK. We are actively seeking more Central London opportunities like this, alongside or very close to Underground and Mainline Stations. This being in addition to our client’s requirement for drive-thru, high-street and food-court opportunities nationwide.

 

Twickenham sees perfect conversion for Burger King!

07/01/2013 by Theo Benedyk

Without doubt, our fastest deal in 2012 was the acquisition of 33-35 London Road, Twickenham on behalf of our Burger King franchisee client, Karali Leisure Ltd. The premises comprise approx. 2,000 sq ft at ground floor, with an impressive 30 ft frontage.

Having first viewed with our client on 26 October, the letting completed on 9 November – a pretty impressive 11 working days from start to finish (including obtaining landlord’s consent)!

A 3-week fit-out then followed, with the premises opening on 1 December.

Ben Pistol comments, “From our experience, it is rare when everything comes together in such a short time frame at this time of the year! We are now actively seeking to secure for Karali more high street opportunities, as well as drive thru and shopping centre representation.”

 

Just Falafel just opened in London’s Covent Garden!

07/01/2013 by Theo Benedyk

Lunchtime today saw the exciting launch of our client Just Falafel’s first UK restaurant at 1 Monmouth Street, Seven Dials, Covent Garden, London.

Situated in one of the most prominent sites in Covent Garden, with frontages to Monmouth Street, Neal Street and Shaftesbury Avenue.

The premises comprise a ground floor area of some 350 sq ft, with a similar sized basement area.

Just Falafel have exciting plans for the UK, with this being the first of many openings during 2013. February will see the opening of the next Just Falafel in Hammersmith (Broadway Centre), and Charing Cross Road due to open in March.

We are currently in solicitor’s hands on premises in the West End and Croydon, as well as several other sites under negotiation for franchisees in London, Cambridge, Exeter and Ireland.

As retained advisers to Just Falafel, we  are looking to secure more A3 or A5 sites in high footfall locations, ranging from 450-1,000 sq ft.

Please get in touch with Theo Benedyk or Richard Grossman with any interesting ideas by calling us on 020 7009 0480.

Restaurant Barge in Canary Wharf floats to the market!

29/11/2012 by Theo Benedyk

Lewis Craig are delighted to introduce a rare and exciting restaurant/bar opportunity for sale in the heart of Canary Wharf. The Leven, situated in West India Quay, is set up as a private dining room and forms part of a busy restaurant destination, popular with the surrounding offices.

A unique opportunity in the heart of Canary Wharf, ‘The Leven is Strijd’ (stands for ‘Life is a Struggle’) is a fully licensed seagoing British Registered Restaurant Ship and Bar providing a catering opportunity/business amongst operators such as; Cineworld, Rum & Sugar, Henry’s Cafe/Bar, Browns, La Tasca, Levente, Strada, Weatherspoon, Manhatten Grill, LA Fitness and more on the adjacent Canary Wharf Estate.

The ‘Leven Is Strijd’, traditionally known as a classic Dutch Barge, was built in 1928 in Woubrugge in Holland. She is operated as a private dining and meeting venue providing an intimate and fascinating place to hold business lunches and receptions, cocktail parties, meetings, awaydays and private parties, small weddings and other family celebrations.

Please click here for details of The Leven.