Barrica Tapas Bar to Open Second Site in Soho
September 15, 2011
Barrica tapas bar is to open its second site in the West End following the lease assignment of 26 DArblay Street, in Soho, secured by leisure advisor Davis Coffer Lyons.
The former Bar Chocolate venue has a 10 year lease from August 2007, subject to five yearly rent reviews at a passing rent of £55,000 per annum exclusive. A premium of £140,000 was paid for the lease.
Barrica owner Tim Luther, formerly of Albion wine shippers, opened its first site on Goodge Street in 2009, in conjunction with chef James Knight, formerly of Moro. The new premises, off Berwick Street, W1 total 1,200 sq ft over ground floor and basement and is close to a range of restaurant occupiers including Vital Ingredient, The Pastry Pilgrim, Raj Tandoori, The George Public House, and Naro Barbecue.
Jonathan Moradoff, Davis Coffer Lyons, who acted on behalf of Bar Chocolate, commented: Barrica has been immensely popular on Goodge Street due to its distinctive offering. A3/A4 space in the West End is very hard to come by in the current market, so to have secured such a prime Soho spot should provide the perfect place for them to grow their concept. There is unprecedented demand in Soho at the moment and there were a number of interested parties.
Barrica was awarded Best Spanish Food and Drink in London by Time Outs Eating and Drinking Awards in 2010.