TGI Friday's takes on Tampopo site for ‘significant premium'

10 June 2015 by
TGI Friday's takes on Tampopo site for ‘significant premium'

TGI Friday's has taken on the Reading site being vacated by Tampopo.

Earlier this week the pan-Asian casual dining restaurant group Tampopo announced it had surrendered the leases on two of its restaurants, in Bristol and Reading, having been offered "significant premiums" for both sites.

Now TGI Friday's has signed to take the 3,375 sq ft restaurant at the Oracle in Reading on a 15-year lease. Tampopo said it would vacate the unit at the end of June.

The site, which is a smaller footprint than its other restaurants, is due to reopen as a TGI Friday's in the autumn.

Sarah Fox, head of restaurants and leisure at Hammerson, said: "By refreshing our tenant mix it ensures that the Oracle continues to have all the elements to ensure that our customers have a fantastic retail, leisure and dining experience when they visit."

Are you looking for a new role? See all the current restaurant vacancies available with The Caterer Jobs >>

Tampopo surrenders leases on Bristol and Reading sites >>

TGI Friday's posts 22% profit rise in 2014 >>

Latest video from The Caterer

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 Group 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.


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