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Seven restaurants at Home Park after redevelopment complete
- Thread starter cheshiregreen
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The Grumpy Loyal
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Pettgreen":n59tpe12 said:
I'm not sure you'll find any small artisan operations willing and able to sign the 25yr leases Brent is after.
There are always clauses in these contracts. The lease can also be sold. 25 yrs is long. Recently signed a lease for Brighton station and it was 7 years and that was steep. It really depends on the make up of the lease. Fashion in eating out changes every 7 years or so. Faster in London so a 25 yr tender for a single brand is nuts.
But it’s the company’s that need convincing that there’s enough it for them. Judging by the previous scheme there clearly not!Quizmike":1g8jjrt0 said:
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The Grumpy Loyal
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Pettgreen":5o97gpqx said:
You're right. It is.
But Brent needs these long term guarantees from committed tenants....that is what in essence pays for the build. It's a fundamental flaw that was instrumental in the failure of HHPmk1. Well that and the fact the whole circus was jaw-droppingly abysmal.
The point re City centre decline is fair enough, but, in many places around the UK there have been investments in out of town leisure parks along these lines.
To add to the Northampton reference, Wigan has a large retail and leisure area next to the ground. We played there on the Tuesday night this season and between late evening shoppers and fans going to the game, there was a lot of footfall but no difficulty that I saw. There is a cinema there and outlets such as Costa and Frankie & Bennys as well as stores such as Next & Boots among others. Thinking back, it was a similiar set up at Pride Park too although few years back we last played there so may be different.
As an occasional visitor now to Plymouth, I feel everything has been based (for very good reasons) around the City Centre/Hoe/Barbican on the restaurant front. I have also said how little hotel choice there is too. Still no Hilton for example or Malmaison Many of these hotel chains are already based in other "major" cities in UK.
To add to the Northampton reference, Wigan has a large retail and leisure area next to the ground. We played there on the Tuesday night this season and between late evening shoppers and fans going to the game, there was a lot of footfall but no difficulty that I saw. There is a cinema there and outlets such as Costa and Frankie & Bennys as well as stores such as Next & Boots among others. Thinking back, it was a similiar set up at Pride Park too although few years back we last played there so may be different.
As an occasional visitor now to Plymouth, I feel everything has been based (for very good reasons) around the City Centre/Hoe/Barbican on the restaurant front. I have also said how little hotel choice there is too. Still no Hilton for example or Malmaison Many of these hotel chains are already based in other "major" cities in UK.
The previous scheme was anchored by, and relied upon, the big IMAX cinema. Once Bretonside came up with a similar scheme in a better location, HHP was sunk.
This one doesn't rely on that big anchor tenant, so I'm not sure the schemes are terribly similar.
This one doesn't rely on that big anchor tenant, so I'm not sure the schemes are terribly similar.
Biggs":2lzc1c30 said:
Without that anchor tenant I would have thought there would be even less interest. As for the office space/Argyle/vets providing plenty of footfall throughout the week, who goes to a restaurant (even a Dominos/Nando’s takeaway service) on a daily basis? If people don’t take their own dinner I would wager most won’t buy much more than a pasty/ pack of crisps/ chocolate bar. Not a full on sit down meal.
It will never work.
Sorry to add another negative voice to this thread, but this idea is bizarre in the light of Prezzo, Cafe Rouge, Jamie Oliver and Carluccio's all closing many of their branches.
I cannot see how this will work. Just google "uk restaurant chains going under" and you'll see what a bad idea this is. The industry is clearly facing a crisis.
I cannot see how this will work. Just google "uk restaurant chains going under" and you'll see what a bad idea this is. The industry is clearly facing a crisis.
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The Grumpy Loyal
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Biggs":mummz5t5 said:
On the contrary, they are extremely similar.
HHPmk1 was wholely reliant on tenants signing up before building could progress. So is Brent’s Western Gateway build along with the offices and retail units planned for the Southernmost part of Higher Home Park.
The fact there isn’t even any Cinema plan in this latest venture to provide regular footfall, would point to similar difficulty in persuading tenants to sign very long costly leases.
Ham Green":24q5dqi7 said:
These units won’t be built for at least two years so by then the economical cycle will be completely different.
It is likely they will become available just as there is an upturn in the economy.
As Argyle are guaranteed a share of the profit from the HHP development we should all be hoping it is a success. Strange that some Argyle fans seem to want it to fail.
