Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.

Monday, February 26, 2024

Croma secured as tenant for £30m Radius development in Prestwich

Atisreal and their joint agent Edwards & Co, have recently secured Croma restaurants as a key tenant for the £30m mixed-use Radius development in Prestwich.

Croma has signed a new 15 year lease on a double height unit of 2,694 sq ft. They will start fitting out the unit very shortly and expect to be open for trade in early September. The restaurant will serve traditional and innovative gourmet pizzas, together with Mediterranean salads and oven baked pasta. An extensive wine list expertly selected to compliment the imaginative menu will also be offered.

Croma hit the scene in 2000 with their first restaurant opening in Manchester City Centre. They then went further a field opening their second in Boston USA, and then back to home ground, opening the most recent Croma in Chorlton, just south of Manchester City Centre. Croma Leeds is also due to open in April, with two more in the pipeline for Boston, USA later this year.

Kirsty Marshall, Owner Manager of Croma Prestwich says, "We are really impressed with the quality of the units at Radius, which seem to suit our needs exactly, as well as its fantastic location. With Croma's reputation for good quality food, design and service, we hope we will be a welcome addition for all those Prestwich foodies."

Martyn Markland, Director of Investment and Development Agency at Atisreal says; "Radius is a high quality mixed use scheme in an area experiencing exciting change within its commercial and residential market. We hope to announce further lettings to other exciting retailers and leisure operators in the near future."

"We believe that Croma's stylish restaurant format will compliment the Radius scheme extremely well and should encourage other high quality restaurant and retail operators to join the likes of Croma, Sainsbury Local, Barracuda and Superdrug."

Radius was developed by Countryside Properties and comprises 150 contemporary new apartments, arranged over 30,000 sq ft of prime retail space, in Prestwich Town Centre. Alongside Croma restaurant, tenants include Sainsbury's Local, Barracuda and Prestwich Pharmacy.