The Italian casual dining chain is set to open a second location at Cribbs in a prime position.
Pizza Express has signed a 15-year lease to occupy a 3,675 sq ft unit at the forefront of the food court, previously occupied by Café Rouge.
This new addition to the food court follows YO! Sushi’s lease renewal at Cribbs Mall last year and upgrades to Burger King and KFC at Cribbs Venue.
Pizza Express will retain its existing restaurant at the nearby Cribbs Venue, highlighting its commitment to expansion in the area.
Cribbs has outperformed industry benchmarks over the last quarter, with footfall increasing by 10 per cent and sales rising eight per cent.
Iain Minto, senior director at Sovereign Centros by CBRE, said: “Established restaurant operators are eager to benefit from our affluent catchment area and this letting to Pizza Express is a prime example of that demand.
“We are also pleased to see popular brands such as Yo Sushi, Burger King and KFC invest in their spaces, highlighting the confidence they have in Cribbs. We look forward to working with our F&B occupiers as we create an environment that ensures they thrive, whilst looking to secure new arrivals maintaining our place as one of the South West’s premier visitor attractions.”
Sovereign Centros by CBRE provide asset management services across Cribbs on behalf of M&G Real Estate, while Time Retail Partners and Cushman & Wakefield are retained letting agents for the centre, with Green & Partners retained as leasing advisory.
Image: William Murphy, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Flickr
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