Clearbell Secures TGI Fridays for The Riverwalk, Durham

25.05.2022

Clearbell Property Partners II LP (Clearbell), a fund managed by Clearbell Capital LLP, today announces a new letting to TGI Fridays, the American-inspired food & cocktail restaurant chain, at its retail and leisure destination, The Riverwalk, in Durham.

The fund has agreed a lease for a 6,000 sq ft unit which is due to open its doors to guests by the end of this year. This will become the Riverwalk’s eighth restaurant, in addition to the Food Pit which offers a range of street food options.

The lease with TGI Fridays comes in addition to two new lettings at The Riverwalk since the start of the year. This includes Pizza Punks, the sourdough pizza company, which is now open to guests. Maple Patisserie is also now open, offering coffee and patisseries made using locally sourced ingredients.

Stewart Forsyth, Development Director at Clearbell Capital, said:

“Pizza Punks and Maple Patisserie have already proven popular with shoppers as footfall at leisure and retail destinations across the UK increases following the pandemic. We look forward to welcoming TGI Fridays to The Riverwalk, which will only add to the range of distinctive and varied dining options for our visitors.”

Robert B. Cook, TGI Fridays CEO, said:

“We are very excited to bring Fridays to the historic and vibrant city of Durham. This year has already been a landmark one for our iconic restaurants; and opening at The Riverwalk marks another milestone in our exciting journey. We can’t wait to welcome guests in to try our delicious food, signature cocktails and get that Fridays Feeling.”

Brad Stevens, Founder of Pizza Punks, said:

“Pizza Punks Durham was our sixth UK opening. We’ve only been open for a few weeks and already Pizza Punks Durham is performing phenomenally well. At Pizza Punks we do things differently, our customers have the freedom to make the experience their own – they can punk up their pizza or pasta with unlimited toppings for no extra charge. We want families and friends to visit and have the best time. For us, it is about providing excellent quality ingredients, unrivalled levels of customer service and most importantly, having fun; we want our guests to enjoy some great food, drinks, and music with us.”