As we know the spotlight has been on the retail sector in Newport for many years desperately seeking retailers for our city centre, with Friars Walk making steady progress it seems right to focus on the leisure sector.
It has been well publicised that Newport will benefit from more choice than ever before with Las Iguanas and Le Bistrot Pierre which will complement Cineworld Cinemas, Nandos, Cosmo, Frankie & Benny’s, Prezzo and Chiquitos and now TGI Fridays, this truly has to be the way of attracting people to the centre after hours.
With a new gym facility open in the Kingsway Shopping Centre and a second on the way opposite the railway station, Newport can truly feel like a vibrant city.
Rents for this type of accommodation remains the cheapest out of the major cities in South Wales, headline rents in Newport are at £18 per square foot compared to £20 psf and £40 psf in Cardiff!
The confidence of the national operators coming to Newport will filter through to the local operators which are vital to have in any city.
We have seen Tiny Rebel Brewery test it out on High Street with their recent opening of a pop-up operation offering bar and food and we hope there will be many more to come through.
Up the ‘Port.
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