Fast-growing café/bar group Loungers to move to larger Bristol head office

October 29, 2014
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Bristol-based café/bar group Loungers is to relocate its head office to larger premises following a period of rapid expansion. 

The group, formed by long-standing friends Alex Reilley, Jake Bishop and Dave Reid, opened its first venue on North Street in the Bedminster in 2002 and now runs nearly 50 outlets across England and Wales with new venues opening regularly.  

The innovative chain of informal, neighbourhood all-day Loungers café bars provide customers with a relaxed atmosphere on their local high street. There are now six in Bristol.

A second chain, Cosy Cub, has been developed for city centres sites and now operates in Bristol, Bath, Cardiff, Salisbury, Taunton, Stamford and Exeter.

Loungers, which is backed by Pipers Private Equity, is now to move its head office from St Thomas Street to Lower Park Row, where it will occupy 4,700 sq ft of office space on a five-year lease at £10 per sq ft.

The deal was arranged by the Bristol office of Alder King whose office specialist Tom Dugay said: “Loungers is a well-known and very successful restaurant/café chain that has expanded beyond Bristol to other locations across the UK. 

“Its rapid growth over the past 12 years, together with its ambitious expansion plans, required it to have a larger office base in its home city and the premises at Lower Park Row will serve them well.”

Pictured above: The building in Park Row which will become Loungers' head office

 

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