Shrewsbury-based cocktail bar The Libertine is heading to the capital city this summer, following a commercial property deal facilitated by leisure specialists EJ Hales.
With locations in Shrewsbury and Aberystwyth, the popular cocktail bar is set to make its Cardiff debut in late August.
The operator is known for its quirky décor and ambient lighting, and cocktail aficionados can look forward to an extensive menu of drinks, with many boasting theatrical twists.
The Libertine will take a lease on 28 High Street in a deal which sees a stepped rental leading up to £68,500 per annum.
Work has now started on a comprehensive refurbishment of the 2,500 sq ft ground floor property in Cardiff’s Castle Quarter, which also has additional basement space.
Castle Quarter has recently become a sought-after postcode for bars and restaurants, and the new venue will be in good company with neighbours such as Indian street food venue Chai Street, Currado, and retro gaming bar Kongs, also negotiated by EJ Hales.
Huw Jones of The Libertine commented:
“We have been monitoring the Castle Quarter area for some time and seen the emerging brands and recent openings that are creating the ideal environment for our quality type of operation.”
Phil Morris, partner at EJ Hales, who acted on behalf of the vendor, commented: “This part of Cardiff is improving rapidly with a really exciting mix of new tenants, creating a vibrant, independent bar and restaurant culture. We have recently let other units in the area and have several other confidential deals that are advancing in the area which will add to this buzz.”
The Libertine deal follows a string of new venues and has come shortly after the opening London-based cocktail bar Dirty Martini, also facilitated by EJ Hales.
EJ Hales has been at the forefront of the South Wales commercial property market for over 80 years. The practice specialises in retail and leisure property, both in town centre and out of centre locations and advises on some of the largest developments and investment opportunities in South Wales.