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Cottage In Town Coming Back To Life

One of Coventry's landmark buildings will soon be open as a restaurant again after lying dormant for two years.

The 18th century Cottage In Town in Ryley Street and Hill Street, has been a restaurant and café bar for more than 20 years before the last occupiers closed their business.

But now a Coventry businessman Simon Close is ready to breath new life into the two and three storey building and hopes to be open before the end of the summer.

He is keeping his plans close to his chest but has already recruited a "top chef" and is hoping the restaurant will once again become a popular Coventry haunt.

Mr Close has taken a 15-year lease on the property, paying £20,000 a year after a short rent-free period, and had to beat off two rivals.

Coventry estate agents and surveyors Shortland Horne have handled the letting of the 2,181 sq ft property.

Commercial surveyor David Penn said there had been keen competition for the property.

He said:

"While the property has been vacant for around 18 months and was in need of a certain amount of refurbishment, we were always confident we would secure a suitable tenant because of the unique nature of the property.

"The Spon Street area is popular with visitors and we are sure a quality restaurant will be well received – we look forward to taking clients there."

The deal marks a notable double for Shortland Horne who have also handled the transformation of Intershop in Warwick Road into the Litten Tree restaurant and bistro.

The company handled the surrender of the lease by the former tenants for a premium allowing the SFI Group to negotiate a new lease with Coventry City Council, which is keen to see the Bull Yard area transformed into a restaurant quarter.

The SFI Group so far owns 20 Litten Tree restaurants throughout the UK, most of which are based in the South and South East of the country. The Coventry Litten Tree marks a major move into the Midlands by the SFI Group who are also opening restaurants in Hinckley, Dudley and Leicester this summer.

Litten Tree restaurants are "chameleon bars" in that they vary in type and target market throughout the day.

MORE INFORMATION: Advent Communications  024 7663 3636

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CWN / Business / A-Z / Shortland Horne / 10 May 2000

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