CAFÃ‰ ROUGE COMING TO PARKWAY
PUBLISHED: 11:53 21 November 2011 | UPDATED: 20:19 20 February 2013
Just weeks after the successful opening of Parkway shopping centre in Newbury town centre, attracting almost 100,000 shoppers in its first four days trading, it's been announced that French-style brasserie CafÃ© Rouge is to open.
Just weeks after the successful opening of Parkway shopping centre in Newbury town centre, attracting almost 100,000 shoppers in its first four days trading, its been announced that French-style brasserie Caf Rouge is to open.
Standard Life Investments say Caf Rouge is to take a 3,267 sq ft unit arranged over two floors at the schemes Park Way entrance, opposite the John Lewis at home store (which opens spring 2012).
Caf Rouge will be extending Parkways catering offer which currently also includes Costa and the Debenhams new concept caf Estro providing the people of Newbury with a quality dining experience.
The brasserie will join the string of fashion boutiques and high-street retailers at Parkway, many of which, including Caf Rouge, Jigsaw, H&M, Johnsons Shoes, Fraser Hart Jewellers and Superdry, are new to the town, as well as anchors Debenhams and M&S and the likes of Lakeland, Paperchase and jeweller Argento. Boutique-style retailer, Mint Velvet, has also opened its doors in a two-storey corner unit at the entrance to the scheme from Northbrook Street.
A spokesman for SuperGroup regarding its new Superdry store in the town, commented: "Newbury is a great location and we're proud to have opened a Superdry storethere. We are delighted with its progress to date and it is one of the better performing stores within the Group."
Ed Jenkins, Head of UK Retail at Standard Life Investments, said: We had a fantastic opening, almost 80% let, excellent footfall and tenants trading well above their targets.
Caf Rouge will be a great addition to the line-up at Parkway and supports the occupier mix that we want to achieve for Newbury. Parkway has already added to the attraction of the town as was demonstrated by increased sales being reported by some stores in Northbrook Street since our opening and the addition of more operators over the coming months will help to secure its future as a true retail destination.
With no more shopping centres opening until 2013, the 475,000 sq ft mixed-use scheme marks the start of a new era for the retail property industry and demonstrates Standard Life Investments confidence in the potential of Newbury town and its catchment.
Development managers for Parkway are Shearer Property Group. Retail letting agents are Strutt & Parker and Jones Lang LaSalle.