Broadgate Circle, the food, drink and leisure scheme, will re-open in spring 2015 with 11 high profile brands with an all-day, six-day week offer. It will see the entry of Hakkasan Group’s Yauatcha and The Botanist from ETM Group, with other restaurants including Aubaine, Shoryu Ramen and Comptoir Libanais.
Yauatcha by Hakkasan Group
Yauatcha, by the global hospitality company Hakkasan Group, is a contemporary dim sum teahouse with a flagship location in Soho, where it currently holds a Michelin star. This will be Yauatcha’s second UK location following the success of its restaurant in Soho, and its first in the City. It has taken a 7,220 sq ft restaurant on a 15-year lease.
The Botanist
The Botanist has taken the 8,180 sq ft terrace bar on a 20-year lease. It will be the latest restaurant and bar from the award-winning ETM Group whose portfolio includes The Botanist on Sloane Square, The Gun in Docklands, The Jugged Hare, Chiswell Street Dining Rooms in the City and One Canada Square in Canary Wharf.
Aubaine French restaurant, boulangerie and pâtisserie has taken 2,870 sq ft on a 15-year lease. Lebanese canteen and delicatessen Comptoir Libanais has taken 1,880 sq ft on a 10-year lease while Shoryu Ramen, which specialises in Hakata tonkotsu ramen, has signed for 2,120 sq ft on a 10-year lease.
90% pre-let or under offer
Following these signings, Broadgate Circle is over 90% pre-let or under offer. There are advanced negotiations with a further three operators, leaving just one unit and two kiosks still to let.
Owners British Land and GIC have invested £20 million redeveloping the 45,000 sq ft Broadgate Circle as part of their strategy to provide a more vibrant retail and restaurant offer to create a new destination which will serve the city and growing areas to the north and east. The vision is of a vibrant mixed-use environment in the heart of the city, benefiting from its position around Liverpool Street Station, one of London’s most important transport hubs, and from the completion of Crossrail in 2018. The redevelopment of 5 Broadgate, which is fully let to UBS is also well advanced, and is expected to complete early next year.
Stylish, good quality dining
Matthew Pinsent, Head of City Offices for British Land, said: “The redevelopment of Broadgate Circle is a great example of British Land and GIC investing in Broadgate, to create an environment where people want to work, and spend their leisure time. The addition of these brands builds Broadgate’s reputation for providing stylish, good quality dining options, and helps attract and retain our office customers throughout the estate.”
An estimated 250,000 people (CACI) pass through Broadgate every day. Its catchment extends to more than 7.1 million people with a total comparison goods expenditure of £12.75 billion per annum.
Cafes and restaurants already at Broadgate include Gaucho Grill, Arancini Brothers, Rocket, The Liberty of Norton Folgate and Gatti’s, in addition to pubs and bars including Corney & Barrow, The Fleetwood, Jamies Wine Bar and The White Horse. Retailers include Reiss, Hobbs, Links, Monsoon, Karen Millen and Space NK.
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