Five Guys, the authentic burger brand, has opened its new site located on The Terrace at Liverpool ONE. The 5,000 sq ft restaurant overlooking Chavasse Park has space for over 175 covers including external terrace.
Designed by Blacksheep, the new Liverpool ONE restaurant is the latest UK location for Five Guys in part of an ongoing expansion plan.
Commenting on the news, Alison Clegg, Director, Asset Management,Grosvenor Europe, said: “Five Guys has seen great success in the UK since launching and is a fantastic addition to our line-up of international brands. They will benefit from the very high footfall that The Terrace attracts due to its great varied leisure offer, central location, and views over the park, as well as all the outdoor events we are hosting at Liverpool ONE for the summer.”
Neville Maling, Head of Property at Five Guys, added: “Liverpool ONE is such a busy, vibrant location. This latest site is a prime position for us within the North West and helps to further expand our brand presence at one of the key retail and leisure destinations in the UK.”
This news follows a series of key store launches at Liverpool ONE, including GUESS, Jack Wolfskin, Lindt, Smiggle and Urban Decay, who have all opened regional flagships in the last 12 months. In addition, Superdry launched its new upsized store last month and JD Sports is opening its new larger store later this year.
Metis Real Estate Advisors and Cushman & Wakefield acted for Liverpool ONE. Central Retail represented Five Guys.
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Notes to Editors
Liverpool ONE is Grosvenor Europe’s unique retail and leisure destination at the very heart of Liverpool. Its virtually invisible boundaries connect the city with the impressive waterfront and the inspiring architecture of the commercial district.
Spread over three levels, Liverpool ONE is the region’s destination of choice for consumers and brands alike. Its offer includes over 170 leading UK and international retailers, including Michael Kors, Zara, John Lewis, Beauty Bazaar Harvey Nichols, Ted Baker and Reiss. They are complemented by a series of distinct dining destinations, with Wahaca, Roxy Ball Room and Reds True BBQ all joining Liverpool ONE’s line-up in the last six months.
Grosvenor Europe’s proactive asset management has led to 20 brands committing in the past year and Liverpool ONE delivering significant sustained growth since opening. Footfall and sales, for example, have increased by 5.5% and 8% respectively per annum since 2008.
Grosvenor Europe invests in, develops, operates and manages real estate assets and funds, with a focus on six European cities: Paris, Lyon, Stockholm, Madrid, Milan and Liverpool.
We specialise in mixed-use property, with strong expertise in retail and leisure and have a growing focus on residential development. We combine our local knowledge with Grosvenor Group’s 340 years’ experience in global real estate, providing access to European markets for international partners and creating value for our Shareholder, investment partners and the local communities in which we work.
As at 31 December 2016 Grosvenor Europe managed £2.9bn / €3.43bn of assets including Liverpool ONE in the UK, Skärholmen Centrum shopping centre in Stockholm and a portfolio of residential developments in central Madrid.
For more information visit the website www.grosvenor.com @GrosvenorEurope