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Gaucho to launch three restaurants including Wales and North East debuts

Gaucho Tower Bridge

Rare Restaurants is set to open another three Gaucho venues over the next three months, including its first launch in London since 2009 and debut sites in Wales and the North East.

The 22-strong restaurant group, which also includes the M Restaurants brand, will open one of the Argentinean steakhouses on James Street in Covent Garden in June.

The 7,000 square foot restaurant will seat up to 120 covers, and in addition to its signature selection of sustainable steaks and menu of Argentinian dishes, the site will also be open for breakfast.

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Gaucho will also open its first site in the North East in March in a Grade II listed building on Pilgrim Street, Newcastle.

Guests will be able to enjoy a lunch menu, evening à la carte and group sharing, as well as Gaucho’s Sunday Sessions featuring a bottomless Sunday roast and live music.

Gaucho will open its debut Welsh site on Cardiff’s Bridge Street in May.

The 8,500 square foot site will sit across two storeys and accommodate up to 220 covers, with the option for exclusive hire of one floor.

The space will boast two private dining rooms – a central cocktail bar and a Beef Bar that will showcase an Argentine beef tasting menu and provide an interactive dining experience.

Martin Williams, CEO of Gaucho, said: “I’m delighted to announce a wave of new Gaucho openings across the UK, particularly our first London opening for over a decade.

“With all the headwinds facing our sector (in London more than anywhere else) it would be easy to focus outside of London – but Gaucho was born in the West End.

“We have enjoyed fantastic post-pandemic trading in the capital and are beyond confident that Gaucho Covent Garden will be a triumph. Our recent openings in Glasgow and Liverpool have been incredibly well received and I have no doubt that Cardiff and Newcastle will be too.”

These openings follow a record-breaking year with double-digit ebitda on turnover of £73 million, up from £55m in the previous year.

Gaucho launches new restaurant in Liverpool

Tags : GauchoRare Restaurants
Joshua Walton

The author Joshua Walton

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