TRG sheds six more sites
Published: 21 March, 2017
The Restaurant Group appoints Savills to sell a further six sites
The Restaurant Group has instructed Savills to sell a further six of its former restaurants in England, Scotland and Wales, adding to those brought to market by Savills in January 2017.
The units are available on an individual basis and comprise four Frankie & Benny’s outlets in Borehamwood, Edinburgh, Gateshead and Newport as well as two Coast to Coast restaurants in Hemel Hempstead and Nottingham. The properties, which are not currently trading, are being sold with existing planning and licensing consents meaning they could be reoccupied quickly.
The six new restaurants for sale are:
- Frankie & Benny’s, Borehamwood
- Frankie & Benny’s, Edinburgh
- Former Frankie & Benny’s, Gateshead (Clasper Way)
- Coast to Coast, Hemel Hempstead
- Frankie & Benny’s, Newport (Friars Walk)
- Coast to Coast, Nottingham (intu Victoria Centre)
David Bell, head of UK leisure at Savills, said: “Those brought to market earlier this year have attracted interest from a range of established retail and leisure operators as well as new entrants thanks to the diverse mix of locations involved, and we expect these additional sites to do the same.”
Savills is also retained to acquire new sites for TRG across the Midlands, East Anglia, the South of England and Wales.