20 May 2021
Grosvenor’s Tenant Investment Fund Supports atis Expansion
Partnership with second hospitality operator enables business growth during pandemic
Grosvenor Britain & Ireland announces that it has supported the expansion of a second hospitality operator through a loan from its Tenant Investment Fund.
atis, the healthy salad bar and bowl concept launched by husband and wife duo Eleanor Warder and Philip Honer, will open its second site at Eccleston Yards, Belgravia.
Having opened their first store in Shoreditch in late 2019, atis successfully adapted to the pandemic offering delivery services to local residents and businesses. From 7 June, atis will be open for grab-and-go as well as limited spaces for dining in; a takeaway service will be offered through Deliveroo.
atis partners with like-minded people and businesses that share their values. They have committed to Grosvenor’s green lease and work with other partners including Karma to help reduce food waste, First Mile to help with their zero-to-landfill mission and Impact Trading for fair-trade cotton uniforms.
James Raynor, CEO, Grosvenor Britain & Ireland commented: “atis is an exciting newcomer to the grab and go food market who has innovated to adapt throughout the last year. Supporting businesses with significant potential, a clear growth strategy and values is exactly why we established our Tenant Investment Fund. We look forward to continuing this partnership as they grow.”
Eleanor Warder, Co-Founder of atis, added: “We are so excited to be opening in Belgravia and feel very grateful for the support we have received from Grosvenor. We love the area and feel that it is a great home for the second site of atis. We are really looking forward to joining the thriving area and being part of the community.”
In 2020, Grosvenor, which partners with over 500 retailers and food and beverage operators in Mayfair and Belgravia, confirmed it would selectively invest in tenants with new business ideas and diversification strategies.This flexible and innovative financing model enables businesses to expand and create new jobs at a time when bank funding is constrained. In May 2021, GBI announced that it had provided a loan to support the opening of JKS Restaurants’ latest venture, Bibi, in the popular dining destination of North Audley Street, Mayfair.
Grosvenor approaches each investment opportunity on a case-by-case basis but has the ability to offer a range of partnerships from debt to equity and does not comment on the commercial details of investments.
Eccleston Yards is an award winning restoration of a derelict workers yard in Belgravia just minutes from Victoria train, tube and coach stations. Based around a tranquil courtyard in zone 1, it provides a hub for creative enterprises and 19 units dedicated to food, retail, co-working and wellbeing brands.
Some of Eccleston Yard’s best known occupiers include Hotpod Yoga, Re:Mind, Barry’s Bootcamp and Masterpeace, which recently won investment for growth through the popular BBC programme Dragon’s Den.
About Grosvenor Britain & Ireland
Grosvenor Britain & Ireland creates great places where communities, business and nature thrive.
In London’s West End, we support 9,000 residents, c1,000 businesses and 50,000 workers every day. We also create and manage sustainable neighbourhoods in London, Liverpool and across the South East of England.
We are one part of a global, family owned business that has been developing and managing land and property for over 340 years. Thinking long term allows us to give equal weight to the environmental, social and commercial impact of everything that we do.
Notes to Editors
atis, the flavourful, healthy and nutritious salad bar and bowl concept launched by husband and wife duo Eleanor Warder and Phil Honer with Operations Director, Connor Arnette, originally opened its doors in Shoreditch in 2019.
atis prides itself on serving considered food that is good for the body, soul and planet as well as being full of flavour. Each bowl brings exactly what is needed in a meal with well-rounded and high-quality ingredients.
All their food is prepared and cooked on site daily. atis believes that food is a powerful tool for change, and they wanted to bring this across in their food and encourage people to eat well, live well and be mindful. Their goal to bring balance and moderation to Londoner’s nutrition and to use atis as a platform to make a positive difference to the future of our planet through making good food choices.
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