April 4, 2016
Craft cider and gourmet pizza restaurant, The Stable has taken over a former live music venue in London’s Whitechapel. It is the brand’s first venture in London.
The company has taken an assignment of a 25 year lease with 8 years unexpired at 16-18 Whitechapel Road comprising 5,000 sq ft of ground and basement space, at a passing rent of £57,000 a year. The new restaurant is due to open next month. City fringe specialist Paul Belchak & Co advised The Rhythm Factory.
The Stable is led by entrepreneurs Richard and Nikki Cooper and over the last two years, the brand has expand from six sites across the South West, to 14 sites across the South of England, Birmingham, Cardiff and now London.
Nikki Cooper said: “We are thrilled that we are opening a cider bar and restaurant in London, one of the most exciting cities in the world, especially in terms of food and dining culture. We have found a very unique venue that fits our brand’s cool, laid back vibe perfectly. East London, and particularly Whitechapel, are going to love the unique charm of our cider bar and restaurant. This is our first Stable in the capital and we feel very lucky to have found this gem of a location. The team and I are very excited.”
Oli Cohen at Paul Belchak & Co commented: “The Rhythm Factory was a very well known East End establishment and this deal is a benchmark of how Whitechapel is developing. The Stable is a fantastic brand and will be a real asset to Whitechapel’s High Street.”
– Ends –