A £1m upscale leisure scheme has opened it's doors in Derby. Cosy Club, a brand operated by Loungers plc, has opened at the Royal Hotel Buildings owned by Derbyshire based Clowes Developments.
The deal was closed by Salloway Property Consultants, after Loungers had initially been approached by Marketing Derby in 2015 as a target company for the city.
Due to open to the public over the ast weekend, the café-bar will be accessed from the Cornmarket before ascending to the first floor.
Chris Keogh, Associate at Salloway was responsible for negotations on behalf of Clowes Developments. He said: "The lease has required patience to bring together. Agreeing a 15 year lease to a tenant of Loungers calibre is an excellent result for this unique building that has traditionally been difficult to let."
Nick Collins, Managing Director of Loungers plc, said: "We are very excited to be opening in the old Royal Hotel building, bringing back to life a beautiful space in a landmark building at the centre of Derby. It's been an absolute privilege to develop such a stunning property and we have invested £1m in the refurbishment of the site with its opening creating over 30 new jobs. The Cosy Club will offer casual drinking, dining and lounging throughout the day and evening in its theatrical and eccentric surroundings."
Tom Erskine, Inward Investment Executive at Marketing Derby, said: "It is fantastic to see a growing and well-regarded brand such as Cosy Club arriving in the city. Having recognised the opportunity that exists in Derby, they have taken the decision to breathe life into a vacant, landmark building and will further improve the food and drink offering for the residents, workforce and visitors to Derby city centre."
Following the opening of the Cosy Club Derby, the Carnera Lounge will also be opening later in the year in Derby.