Council Regeneration Project Signs Commercial Tenants
A local authority regeneration project in Somerset, South West England, will soon be welcoming two new tenants.
National restaurant chain Nandos and local independent business La Kasia Tapas & Cocktail have signed leases at Northgate Yard in Bridgwater, with both restaurants expected to open by the summer when they will join the development's inaugural tenants, Scott Cinemas and Allstars Bowling.
Northgate Yard which opened in October is a £16 million flagship leisure and entertainment venue.
The development is owned Sedgemoor District Council.
Law firm Bevan Brittan which has advised the local authority since the project's inception through its construction practice, also advised on the commercial tenancies.
Partner, David Hobbs, says: "Northgate Yard is an excellent example of the type of regeneration project that will bring increased footfall and revenue into an area.
We have worked with Sedgemoor District Council for several years on Northgate Yard, and it is fantastic to see tenants coming on board and the project coming to life.”
Stuart Martin, Sedgemoor District Council Project Manager, adds: “It took a very dedicated team of people to deliver a commercial leisure project of this type through very challenging times for the economy and during a pandemic.
"Bevan Brittan led on crafting both the construction contract and the commercial leisure agreements for the scheme, providing up to date professional advice in a creative, timely and efficient way.
I would say they went the extra mile in assisting us secure the tenants.”