Julian Bray writes: Good to hear that a planning application for the currently closed former Santander Bank Peterborough Church Street premises has gone in. The Côte Brasserie upmarket French inspired chain submitted planning for change of use to a restaurant.....it makes a change from pizza, kebab, curry, poundworldlands and charity shops.
They hope to seat 140 diners on two levels ground and first floors, turning over the tables say every fifty minutes Under a street level canopy, seating for a few more tables. The existing windows to be replaced with bi-folding units opening up the restaurant to passers by. Perhaps they know something about the weather that escapes the rest of us? And are they aware evening bus services have been cut right back?
Caring was one of four of entrepreneurs who founded the brasserie-style chain, with its first bistro opening in Wimbledon in 2007.
They sold the business for a cool £100 million to the private equity firm CBPE. Caring and restaurant industry veterans Andy Bassadone, Chris Benians and Nick Fiddler needed the cash to build up their latest café concept, Bill’s, having worked together on London restaurants Belgo, Strada, Le Caprice and The Ivy.
Caring sold all of his 51% stake while the others retained some of their holdings.
CBPE is backing the management team led by Harald Samuelsson and Cordon Bleu-trained chef Alex Scrimgeour to expand the 45 plus strong chain.
Caring attempted twice before to sell the business but negotiations with CBPE partner Ian Moore finally clinched the deal.
But what can we expect? Menu prices certainly not cheap, just about every component of a traditional plate is costed as a separate item, and will appear on your bill with an 'optional 12.5% service charge added.
An example Fougasse (flat garlic bread £4:75)10oz Sirloin Steak £17: 50 add Garlic butter £1.20 add frites £2:95 add peas £2:95 add green beans £2:95 Kir Royale with sparkling wine and cassis £4:95.
But as they say, its all part of the dining out experience, and unless you are a portly restaurant reviewer or a Member of Parliament on expenses expect to pay around £60 a head, plus optional 12.5% service...
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