Five Guys is set to open its second restaurant in Bristol after beating the competition to secure a new ten year lease at 67/69 Queens Road, the former Bill’s restaurant, at an annual rent rising to £70,000 pa. M&P Property Consultants advised the private landlord and Savills represented Five Guys.
The premises comprise a ground floor restaurant extending to c.3,090 sq ft and is located in Clifton, near cocktail lounge Be At One, Wagamama and the University of Bristol. The restaurant is scheduled to open in Summer 2021.
Rob Palmer, Associate Director in the retail team at Savills Bristol, says: “It was important to secure a second site in Bristol that complimented Five Guys first site in the centre. The former Bill’s site at 67/69 Queens Street was the perfect prime location on the west side of Bristol city centre which is on a busy street close to tourist locations and Bristol University. Additionally, with the growth in the popularity of food delivery apps, especially over the lockdown periods, this main road frontage will further enable quick, easy and efficient access to the restaurant for deliveries.”
Russ Power of M&P, adds: “The strong response to marketing this property and very quick agreement with Five Guys is representative of a return in confidence within the restaurant sector.”