Parkway welcomes Cafe Rouge
Published: 14 November, 2011
Just two weeks after the opening of Parkway shopping centre in Newbury, which attracted almost 100,000 shoppers in its first four days trading, Standard Life Investments is adding to the tenant mix, with the latest deal from Cafe Rouge.
The latest signing is French-style brasserie Café Rouge which is to take a 3,267 sq ft unit arranged over two floors at the scheme’s Park Way entrance, opposite the John Lewis at home store (which opens spring 2012).
Café Rouge will be extending Parkway’s catering offer – which currently also includes Costa and the Debenhams’ new concept café Estro - providing the people of Newbury with a quality dining experience which will extend dwell time and support evening trade.
The brasserie will join the string of fashion boutiques and high-street retailers at Parkway, many of which – including Jigsaw, H&M and Superdry - are new to the town, as well as anchors Debenhams and M&S and the likes of Lakeland, Paperchase and jeweller Argento. Boutique-style retailer, Mint Velvet, has also opened the doors to its new two-storey 1,528 sq ft corner unit at the entrance to the scheme from Northbrook Street.
Ed Jenkins, head of UK Retail at Standard Life Investments, said: “We had a fantastic opening, almost 80 per cent let, excellent footfall and tenants trading well above their targets. Café Rouge will be a great addition to the line-up at Parkway and supports the occupier mix that we want to achieve for Newbury. Parkway has already added to the attraction of the town as was demonstrated by increased sales being reported by some stores in Northbrook Street since our opening and the addition of more operators over the coming months will help to secure its future as a true retail destination.”
