Prezzo to open first restaurant since 2018

07 June 2021 by
Prezzo to open first restaurant since 2018

Investment firm Cain International has agreed a new lease with Prezzo at its Islington Square development in north London to open the brand's first new restaurant since 2018.

Expected to open late summer, the 4,319 sq ft restaurant will also be the first to feature Prezzo's new energy-efficient kitchen plan, which will increase the energy efficiency of its cooking by 47% and reduce CO2 emissions by up to 75%.

The national Italian restaurant chain, which was acquired by Cain in December 2020, will also be moving its restaurant support centre to the development.

Jonathan Goldstein, chief executive of Cain International, said: "As we emerge from the restrictions of lockdown and enjoy increasing freedom to socialise, we are confident that Prezzo will benefit from the pent-up demand for hospitality-driven experiences.

"Islington is an iconic destination for retail, culture and dining in London, making it the perfect location for Prezzo's headquarters and a new restaurant location. There is an exciting pipeline of opportunities ahead for the team and we look forward to introducing the Prezzo brand to a new market, as well as continuing to work closely with Karen and her team as we reopen sites across the UK."

Karen Jones, executive chair of Prezzo, said: "It is truly exciting to be opening a new Prezzo restaurant. The new Prezzo Islington will be the greenest Prezzo to date and will serve as a test bed for sustainability initiatives that we can roll out across all our restaurants. The location of the restaurant in Cain's Islington Square development demonstrates the ambition of Prezzo's partnership with Cain and the confidence both companies share in the resilience of the British high street."

Photo: Shutterstock

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking