Popular high street restaurant chain Coal Grill & Bar is the latest operator to sign a lease for one of the remaining units at the exciting new £50 million Regent Circus scheme in Swindon.
Coal Grill & Bar joins other leading restaurants including Nando’s, Prezzo and Ask in confirming they will be opening when exciting development is completed next year. It already has restaurants in Basingstoke, Bristol, Exeter, Sheffield and Wimbledon, and has recently opened in Milton Keynes.
The retail and leisure destination will also include a Cineworld six-screen all digital multiplex cinema and a Morrisons superstore, and a 450-space car park.
Andrew Fisher, managing director of Ashfield Land, said: “Coal Grill & Bar is another very welcome addition to the excellent range of restaurants attracted to the opportunities offered by the Regent Circus.
“More and more pieces of the jigsaw are falling into place and we will soon see the fruits of our labour with the complete transformation of this part of Swindon town centre. We are in advanced negotiations with other interested parties for the two remaining units and kiosk and we hope to be able to make further announcements in the near future.”
John Gater, managing director of Coal Grill & Bar, said: “We’re very excited to have secured a site in Regent Circus. The Coal concept works well in quality cinema and shopping related environments and we are confident that Regent Circus has the right ingredients and local demographics to make the restaurant a success.”
We acquired the freehold in 2006 which facilitated Swindon College’s relocation to a new £17 million campus. The development will be funded with a mixture of debt and equity. This is the largest commercial development under construction in Swindon over the past few years. The units will be handed over for fit out in spring 2014 and Regent Circus will open in late summer 2014.
Agents acting on behalf of Ashfield Land on the Regent Circus development are: Chris Mackaness of R&C Retail Property Consultants (07836 210625 and firstname.lastname@example.org), and Mark Rudman of Jones Lang LaSalle (07808 290882 and email@example.com). Coal was represented by Stephen Buckle of Stephen Buckle & Company (07768 512255).