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	<title>Retail News Update &#187; cafe</title>
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		<title>New Indian café aims to spice up City lunches</title>
		<link>http://artrm.com/retail-news/2009/07/new-indian-cafe-aims-to-spice-up-city-lunches/</link>
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		<pubDate>Sat, 25 Jul 2009 01:00:41 +0000</pubDate>
		<dc:creator>retailnu</dc:creator>
				<category><![CDATA[Retail Formats]]></category>
		<category><![CDATA[cafe]]></category>
		<category><![CDATA[Indian Cafe]]></category>
		<category><![CDATA[Indian Cousine]]></category>
		<category><![CDATA[Kaati Cafe]]></category>
		<category><![CDATA[King Sturge]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[rents]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Take-away format]]></category>

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		<description><![CDATA[King Sturge, has announced a unit in its Cutlers Exchange building in the City to Kaati Café, a new concept aimed at the fast-paced lunchtime food market.]]></description>
				<content:encoded><![CDATA[<p>King Sturge, has announced a unit in its Cutlers Exchange building in the City to Kaati Café, a new concept aimed at the fast-paced lunchtime food market.</p>
<p>Kaati Café aims to bring both traditional and previously unseen Indian cuisine to City workers. Its format will focus mostly on take-away food but will include a small seating area.</p>
<p>Kaati Café has taken a new 15-year lease on the 800 sq ft unit at 123 Houndsditch, London EC3, CBRE&#8217;s newly refurbished building close to Aldgate tube station, Lloyds of London and Broadgate. It will be paying an initial rent of £36,000 per annum, subject to stepped increases of £2,500 per annum for the first five years and then five-yearly upward-only rent reviews thereafter, with a three-month rent-free period.</p>
<p>Oliver Green, Surveyor in King Sturge&#8217;s retail team, says: “Kaati Café will use the strategically located Houndsditch unit to test the water for its new format with a view to rolling out the brand once it is established.”</p>
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