ZaZa Bazaar to be the Gates next big star
The Crown Estate has today announced that banquet restaurant ZaZa Bazaar is set to become the latest addition to the Gate in Newcastle after agreeing a lease on a 17,000 sq ft unit at the North Easts premier leisure scheme.
The deal marks the most significant move yet in The Crown Estates bid to improve the Gates offer by bringing in high quality occupiers, rebalancing the night and day time economies and broadening the destinations appeal to attract a wider demographic.
Hannah Milne, Regional Portfolio Manager for The Crown Estate said: This letting is a great example of our strategy to improve the overall quality of the offer at the Gate. ZaZa Bazaar provides a unique experience to customers as well as high quality food and will further broaden the Gates appeal to a wide range of visitors.
Conceptually arranged as a world foods banquet restaurant, ZaZa Bazaars highly trained chefs offer the best examples of global cuisine accompanied by the theatre of live cooking and the feel of a vibrant street food market. Having already enjoyed incredible success at their first store in Bristol, thought to the largest restaurant in the UK, ZaZa Bazaar has chosen the Gate as the ideal location to expand its concept.
Nitin Bhatnagar co-founder and Director of Food Services from ZaZa Bazaar said: Our concept pushes the boundaries of dining, offering customers fantastic high quality food from around the world cooked right in front of them giving an unforgettable experience. We are excited to be coming to the Gate, especially given The Crown Estates plans to enhance the centres reputation as the North Easts top food and entertainment destination.
The Crown Estate purchased the Gate for £60 million in 2012. Since then it has been delivering on its strategy for the centre signing new occupiers like the award winning Handmade Burger Co, which opened this summer.
The Crown Estates strategy at the Gate is indicative of its commitment to actively managing its assets in order to enhance the portfolio for the long term. The centre forms part of The Crown Estates regional retail and leisure portfolio, which is now valued at £1.6 billion. In addition to being a top ten owner of dominant retail parks across the UK, The Crown Estate manages Regent Street and St Jamess in Londons West End where it is investing £1.5 billion creating global business and retail destinations.
Davis Coffer Lyons acted on behalf of The Crown Estate.