San Carlo to open new restaurant in London's West End
Italian restaurant group San Carlo is to open a new outlet in London's West End.
The company, which operates internationally in capital cities across the globe and has 10 restaurants across the UK, will open Cicchetti near Piccadilly Circus.
The group, which was first established in 1992 and also runs Signor Sassi in Knightsbridge, has taken a 2,750 sq ft unit on a 15-year lease adjoining the Crown Estate's £100m St James's Gateway redevelopment scheme.
San Carlo group chairman Carlo Distefano said: "We are expanding rapidly as a group and have been looking for many years to find exactly the right place to open a new London flagship restaurant. St James's is right for us because of its unrivalled reputation for quality, combined with the huge potential for growth offered by the Crown Estate's investment plan."
Anthea Harries, the Crown Estate's portfolio manager for St James's, added: "Our ongoing investment in St James's is already delivering significant results; the arrival of Cicchetti to Piccadilly helps us further cement the area's position as one of London's premier retail and dining destinations."
As the largest owner of freehold property in the core West End, the Crown Estate recently announced that Philippe Le Roux's Villandry will be moving into Trafalgar House, in Waterloo Place, to establish a high calibre flagship restaurant. It has also acquired more than £150m of new property interests as part of its strategy to secure a host of high profile retail and restaurant lettings.
Cushman and Wakefield and Davis Coffer Lyons acted for The Crown Estate.
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By Kerstin Kühn
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