Lexicon continues to expand its F&B offering as rental dynamics accelerate

  • The introduction of several restaurants, including Kokoro, GAIL’s Bakery and Yi Fang, will further diversify Bracknell’s established food and beverage offering.
  • Furniture store Plush to open its very first store, and Fone World also joins The Lexicon

The Lexicon, the joint venture partnership between Schroder UK Real Estate Fund and Legal & General Capital, today announced that Plush, Kokoro, GAIL’s Bakery, Yi Fang and Fone World will occupy a total of 26,354 square feet on land of ten year lease.

The Plush Home Furnishings Store will open a new 19,210 square foot flagship store offering a wide range of innovative and comfortable furniture from top quality brands. Plush’s store will be designed to immerse customers in the world of luxury, fine details and home comforts with a modern twist.

Meanwhile, Kokoro, a Korean Japanese takeout, founded by Rak-Kyu Park in UK there are more than ten brand offering tasty, fresh and healthy foods.

In addition, GAIL’s Bakery is also expected to join the Lexicon, occupying 2,634 square feet and offering homemade specialty bread, pastries and cakes and coffee. The artisan bakery located between L’Occitane and Charles Tyrwhitt will open its doors by the end of the year, bringing something new to the food mix and making Bracknell more attractive to consumers.

Finally, Yi Fang will occupy 954 square feet and bring its popular traditional fruit tea and tapioca pearl drinks made from natural ingredients only to the Lexicon. Together, these three brands will further strengthen the region’s rich F&B offering, which already includes The Real Greek and New World Trading Co’s cocktail bar, “The Botanist”.

With these newcomers, including Fone World occupying 2,753 square feet, The Lexicon successfully combines innovative retail, place creation and regeneration to improve Bracknell’s day and night economy with the arrival of new F&B brands.

The 200,000 square foot refurbishment of Princess Square, which was made possible by Schroder UK Real Estate Fund and Legal & General Capital’s joint venture with Bracknell Forest Council as part of the Bracknell Regeneration Partnership, was the latest major investment for help the city consolidate its position. In the region.

This momentum will continue with plans for the new nightlife hub, The Deck, which will offer more retailers, restaurants and leisure facilities in the heart of downtown Bracknell, connecting Princess Square and Bull Square.

Commenting on these latest developments and novelties, Harry Pickering, UK Retail Manager at Schroders, said: “The reopening of non-core retail continues to breathe new life into the real estate industry, and outdoor retail programs, in particular, such as The Lexicon in Bracknell, continue to experience a high level of performance. attraction with the diverse retail, F&B and leisure equipment it has to offer in a winning location. From our point of view, the key now is to prioritize making the shopping experience as exciting and engaging as possible, to continue to restore consumer confidence and to seize this opportunity to catch up as much as possible what has gone wrong. been a damaging year for the sector. To that end, the addition of these five significant new occupants, including three major restaurant and catering operators, will only reinvigorate The Lexicon’s offering. This should bolster Bracknell’s regeneration, allowing the retail market to grow more and more as the pandemic abates and a bright future awaits us. “

Christopher Thomas, CEO of Plush, said: “It was so important for us to have the right location for our first flagship store. A combination of the fabulous glass-fronted store design and discerning customers of The Lexicon, made downtown Bracknell the perfect choice.

The Lexicon, Bracknell’s joint agents are CBRE and Lunson Mitchenall.

About Mary Moser

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