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LOUNGERS – THE LATEST RESTAURANT TO SIGN UP TO FRIARS WALK

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Queensberry Real Estate today announced that Loungers is the latest restaurant to join Friars Walk when it opens in November this year.

Loungers will take a 3000 sq ft unit in Usk Plaza, the leisure section of Friars Walk and it will be the ninth restaurant to take space.

Loungers is an informal, neighbourhood food led café/bar which is open all day and is suitable for everyone and offers coffee, drinks and an extensive food menu.  The Loungers experience is relaxed, homely and friendly and will complement the wide range of restaurants secured at Usk Plaza.

Alex Reilley, Executive Vice Chairman of Loungers, said: “We already have a presence in South Wales with 4 restaurants in Cardiff and are really excited to be opening a Lounge in Newport City Centre. We will be naming our Newport restaurant ‘Drago Lounge’, which is Italian for Dragon and fitting as we will be located close to the Newport Gwent Dragons rugby ground. Newport is currently undergoing a massive transformation and Friars Walk will make a big difference to the city, we are excited to be part of this change.”

Chris Daly, Senior Leasing Manager for Queensberry Real Estate added: “Loungers is an excellent brand, adding an exciting all day into evening offer to our already strong line up of restaurants planned for the Usk Plaza at Friars Walk. This announcement highlights the pull for new restaurants to Newport. It's helps cement it as a new destination for shopping, dining and leisure. 

Our line-up is really strong, we have one further restaurant under offer leaving one last opportunity. We are looking for an operator that adds something different to the mix but complements it at the same time. It would be great to add a local or regional restaurant.”

Construction of the 390,000 sq ft retail and leisure scheme in the heart of Newport city centre is well advanced, it is 65% let and opens in November this year.

Loungers will join Le Bistrot Pierre, Las Iguanas, Nandos, Chiquito,  GBK, Prezzo and Cosmo and will be located close to Cineworld, an  8-screen multiplex cinema. The combination of retail and leisure close to other leisure offers such as The Riverfront Theatre, Newport Centre, and Rodney Parade will give people a choice of things to do in close proximity to one another all day and in to the evening.

Queensberry Real Estate has designed Friars Walk so it integrates seamlessly in to Newport’s existing retail and leisure offer. Friars Walk will bring more than 390,000 sq ft of modern, well-configured retail and leisure space. It will include a full offer Debenhams Department Store, 35 retail units including Next, H&M, Top Shop, River Island and New Look, 11 restaurants, 350 parking spaces and a major new bus station interchange.

On completion the scheme will provide an estimated 1,200 jobs worth around £15 million in salaries a year to the local economy. This is in addition to the jobs created during the construction phase and the potential for local companies to be involved in the supply chain of the centre.

CBRE is the appointed agent for restaurants.