DCL Delivers 2 New Leisure Concepts for Shaftesbury
August 8, 2012
Leisure property advisors Davis Coffer Lyons has completed two restaurant deals on behalf of Shaftesbury for its Carnaby and Covent Garden estates in central London.
Artisan espresso brand Mozzino is to launch a new concept which will reinvent the classic cult era of 1950s Italian scootering into a premium contemporary lifestyle offer. Mozzino has replaced The Refectory at 74 Broadwick Street in Carnaby, taking a new 10 year lease expiring June 2022.
In Covent Garden, Il Tempo has also taken a 10 year lease for the ground floor and basement unit at 48 Chandos Place. Italian Delicatessen and Aperitivo Bar Il Tempo, is a new Italian brand which will be the first Aperitivo concept in London. It includes an open-table Italian delicatessen, covering the cuisine particularities of the Italian regions as well as niche Italian wines.
Tracey Mills, Director of Development Leasing and London Estates at Davis Coffer Lyons, said: Shaftesburys retail and leisure strategy encourages a wealth of new brands and the very best emerging concepts. Both Carnaby and Covent Garden now have a terrific array of vibrant one-off independent leisure offers, and these new signings will be a great complement to the mix.
Davis Coffer Lyons is retained by to advise niche central London developer Shaftesbury on its urban villages including the Opera Quarter, Covent Gardens new food quarter, and recently on St Martins Courtyard, for both asset management and new lettings. DCL is charged with introducing innovative operators to complement the personality of each area and ensuring an eclectic range of new food and drink offers.
Last week, Davis Coffer Lyons also completed on the Kingly Club within Shaftesbury Carnaby estate, a private members’ club that has played host to some of the silver screen’s top actors. The lease was acquired by CG Restaurants – owners of Tuttons eatery in the West End, pizza chain Fire & Stone, and the Dirty Martini cocktail bars.