Queensberry Real Estate has signed five restaurants for its Friars Walk retail development in Newport.
Prezzo, Nandos, Cosmo, Frankie & Benny’s and Chiquittos have taken 25,000 sq ft between them all signing leases of around 20 years at between £25 to £30 per sq ft.
The 390,000 sq ft site will comprise 35 shops, 10 restaurants and 360 parking spaces.
Demolition is to begin in late October, with an opening scheduled for November 2015.
The centre has already signed up Next, Topshop, Debenhams and Cineworld.
QBRE head of leasing Stuart Harris said the restaurants were a great addition to the lineup and showed the site’s potential to create a “rejuvenated Newport.”
DTZ acted for QBRE.
