Portuguese bakery, Nata & Co acquires fourth site in Cardiff

27 September 2018
  • Nata Bakery Cardiff Cooke & Arkwright
  • Capitol Shopping Centre Cardiff Cooke & Arkwright

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Portuguese bakery Nata & Co, famous for its Portuguese style ‘pastel de nata’ custard tarts, has opened its fourth site in Cardiff at Capitol Shopping Centre. The latest addition to the growing food scene at Capitol Shopping Centre, Nata & Co joins Pret A Manger, Falafel Corner and Atma vegetarian and vegan café, adding to the expanding ‘grab-and-go’ food offering facing onto Cardiff’s Queen Street. It is the company’s fourth site, having first opened in Cardiff Bay before expanding to Splott and most recently to its largest unit opposite Cardiff Castle.

Cooke & Arkwright acted on behalf of Capitol Shopping Centre landlord NewRiver to secure a 10-year lease for the popular Portuguese bakery chain. EJ Hales acted for Nata & Co.

Ben Davies, Associate with Cooke & Arkwright’s Retail & Leisure Agency said: “We’re pleased to have secured this letting to Nata & Co, an established, local and independent food operator. This acquisition shows growth in this sector which has faced challenging times recently with many well-known high-street food chains closing their doors.  However, there are opportunities for emerging operators and the general trend is growing confidence in the A3/food led market, not just for independent traders, but franchise based enterprises as well.”

Filipe Brito at Nata & Co said: “We’re excited to open our fourth site in Cardiff after experiencing significant growth. We’ve seen our brand become so popular since opening our very first bakery in Clifton Street, Adamsdown. We’re over the moon that people are buying into our brand and helping us to grow.”

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I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin