The business behind Venn Street Records and Northcote Records in Clapham, south London, and Old Street Records in Shoreditch, east London, revealed that its latest launch – Eastcheap Records – will open in Monument, central London, in October 2019.
Replacing what is currently a former Maplin site on the corner of Eastcheap and Lovatt Lane, Rocket Leisure’s fourth venture in the capital will span 4,000sq ft with a capacity of up to 350 revellers.
In keeping with its existing venues across Clapham and Shoreditch, the operator’s latest site will focus on live music, an extensive cocktail offering and freshly cooked pizza.
Rocket’s reveal comes as Deltic’s most recent report revealed that the average spend on a night out rose by 18.8% to £70.46 over the past 12 months – roughly the cost of three pints.
What’s more, CGA Insight and AlixPartners’ latest quarterly Market Growth Monitor revealed that the number of premium bars and licensed cafés has increased by 4.1% in the year to March 2019.
Natural progression
Since opening its first venue on Clapham’s Venn Street in December 2010, Rocket Leisure has expanded across the capital.
“With our long-established venues in south London and Shoreditch, a lot of workers in the City will have already experienced our brand, so opening in Monument felt like the natural progression for The Records Bars portfolio,” Rocket Leisure’s director Russell Taylor said of the announcement.
“We hope that our offering of great live music will bring a fresh approach to nightlife in the area, and we’re excited to welcome all existing and new customers through our doors.”
Rocket Leisure’s continued expansion follows an announcement by independent group Darwin & Wallace that it plans to opens its first venue in Canary Wharf, east London, in November.
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