The Harry Ramsden’s restaurant in Cardiff Bay will become a JD Wetherspoon after the pub company secured a 30-year lease on the site.
YourCardiff reported earlier this year that the national fish and chip franchise had surrendered its existing lease at Landsea House in Stuart Place, with JD Wetherspoon planning to invest £1.3m in a new pub and restaurant at the site.
The new premises is due to open by the middle of next year, creating around 40 jobs. About 15 staff are understood to work at the Harry Ramsden’s branch, and they will transfer over as part of the deal.
JD Wetherspoon already has a number of pubs in Cardiff, including the Gatekeeper on Westgate Street, the Crockerton on Greyfriars Road, the Prince of Wales on St Mary Street and the Central Bar, Windsor Place.
A spokesman for JD Wetherpsoon said: “We have been seeking suitable premises in Cardiff Bay for some time and we feel that this building will give JD Wetherspoon an excellent prominence in the Bay. We feel this is a great acquisition for the company and shows our ongoing confidence in Cardiff and South Wales generally.”
Andrew Gibson, who acted on behalf of the building’s landlord, approached Haydn Thomas, of Hutchings & Thomas, which acts for JD Wetherspoon in South Wales, as a new tenant for the site was explored.
Mr Thomas, who helped broker the deal, one of the largest of its type in Cardiff for several years, said: “This is a superb site for JD Wetherspoon as it is in a unique location in vibrant and busy Cardiff Bay but it’s not lost in the melee of restaurants and pubs in the Mermaid Quay development.
“I knew as soon as I saw this distinctive waterfront property that it would be perfect for JD Wetherspoon. It is just the right, quirky and unusual building, in a prominent and accessible location, which appeals to this very successful operator.”
JD Wetherspoon has signed a 30-year lease, with a 20-year break, on the 12,000sq ft two-storey property, with a one year rent-free period spread over the first five years of the term.
Mr Gibson added: “The new letting to JD Wetherspoon will see this landmark bought back to life and its future secured for years to come.
“Despite the completion of the deal taking significant time and effort from all parties involved, the end result is a positive outcome during a tough economic climate.”