St George’s signs two

Preston’s new restaurant quarter lines up The Botanist and Mowgli

InfraRed Capital Partners and their Asset Managers Sovereign Centros, have signed The Botanist and Mowgli for their new restaurant quarter at St George’s Shopping Centre in Preston.

Work is already underway on the new 28,000 sq ft restaurant quarter, which will create five leisure units fronting Friargate, ranging from 3,000 sq ft to 10,000 sq ft.

Botanical cocktail specialist The Botanist has signed a 15 year lease on 10,000 sq ft to anchor the scheme.  Mowgli has signed a 15 year lease on 3,400 sq ft and will open alongside The Botanist in Autumn 2020, when the new restaurant quarter is completed.

Keith Butcher, director at Real Estate at InfraRed Capital Partners commented: “Creating a new restaurant quarter and attracting a major new anchor for the scheme were our two key priorities for St George’s. We couldn’t be happier to have secured such high quality operators as The Botanist and Mowgli. Both have a very loyal following and will bring something new and exciting to Preston.”

Tom Powell from Metis Real Estate advised Sovereign Centros.

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