Acting as the agent under instruction to let the commercial property at 15 Cowgate, Peterborough - formerly the offices of an estate agent. Barker Storey Matthews has also offered its planning consultancy service to the new occupier in securing the premises’ suitability for restaurant use.
The new occupier is food operator Sound Taste Ltd who has taken a 15-year lease on the 1,491 sq ft premises. An extensive refurbishment is now underway and the new restaurant is scheduled to open in early July.
Trading under the name “5 Lads”, the new restaurant will employ a kitchen and waiting staff of 15 and will serve over 50 covers.
Jay Ayub is the Managing Director of Sound Taste Ltd and is an experienced food operator. He believes that the Cowgate premises are an ideal city location for a premium grill restaurant.
He says, “Cowgate is a busy thoroughfare for those going to the city centre as well as to the railway station and there’s business lunch footfall to capture too.
“While there may be a number of food operators in the vicinity, we see ourselves as being the only independent trader offering the eat-in premium grill experience.
“I’ve worked with Julian Welch at Barker Storey Matthews for many years in securing suitable properties for other successful restaurant ventures in the region, so it was good to be able to work with him again and use some of their other professional services in bringing ‘5 Lads’ to Cowgate this summer.”
For information about commercial property to let in Peterborough, contact Julian Welch, Barker Storey Matthews, tel 01733 897722 or see bsm.uk.com.