Pizza Express sees market gap in Rochester
Pizza Express is to open a new restaurant in Rochester in Kent, after the chain decided the area was under-represented by mid-point national restaurant businesses.
The company is taking a 25-year lease on 1-23 High Street, Rochester from Aaron Paul Stone Investments.
Jason Grant, partner at Restaurant Property who advised Pizza Express, said: "This part of Kent is under-represented by mid-point national restaurant chains. Pizza Express is looking to gain a first move advantage by selecting a high profile site on the High Street, which is very close to all the major tourist amenities."
Pizza Express is taking 2125 sq ft on the ground floor and 607 sq ft in the basement, for which it will pay £18.35 per sq ft and £4.64 per sq ft respectively.
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By Neil Gerrard
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