York Vangarde Shopping Park is pleased to announce two new lettings, as part of a move to shift the park away from its traditional food and beverage offering and towards a diversified offering of leisure, retail and regional restaurant chains, in the wake of changing demand and difficult trading conditions.
The first of these is a key letting at the site of the former Giraffe restaurant, in a deal that provides a signpost of the direction that the market is pointing.
Lawrence Hannah, the agents acting for the landlord, have brought in Estabulo, a Brazilian Bar and Grill with a strong following and seven other restaurants in the North of England. It joins Specsavers, which has also committed to a further former restaurant, providing a healthy diversity in what was previously a run of national restaurants.
Both lettings are part of an exciting new stage of development for the Vangarde, which sits immediately adjacent to the brand new York City Community Stadium, a 13-screen Imax Cinema, Hollywood Bowl, a new sports and leisure facility and further restaurant opportunities. To help with the move, the landlords have also brought in agents Hartnell Taylor Cook and Emanuel Oliver to join Lawrence Hannah.
James Woodard at Hartnell Taylor Cook said: “The project is at a really exciting stage. The adjoining stadium, leisure centre, cinema and bowling alley really pin down Vangarde as one of the city’s premier retail and leisure destinations, and we are able to now attract the most interesting national and regional operators from both retail and leisure when spaces become available, which keeps the scheme fresh.”
The landlord is represented by Miles Lawrence at Lawrence Hannah, who said: “The food and drink market is moving away from national chains, and regional operators now represent by far the most exciting options for landlords. With this in mind, we were delighted to secure Estabulo who are well loved throughout the region and bring a whole new flavour to the scheme.”