According to BigHospitality’s sister site MCA, Caring will launch Caprice Café on the site of former Princess Garden of Mayfair restaurant in North Audley Street. Caring acquired the site over two years ago for, it is thought, around £3m.
The new concept is expected to be a more accessible version of an existing Caprice Holdings restaurant, Le Caprice, in St James’, Piccadilly.
The casual sister-spin off model has worked well for Caring, who is already launching more accessible versions of The Ivy and Harry’s Dolce Vita.
The Ivy launched 1917 and was bought by Caring alongside five sites in the Caprice Holdings group for more than £20m in 2005.
Its first spin-off, Ivy Market Grill opened in Covent Garden at the end of 2014, followed less than five months later by a second in Chelsea. It now operates 30 sites under the Ivy Collection umbrella.
Caring will launch Harry’s Bar in St Christopher’s Place next month, making it the second restaurant under the Harry’s brand which launched with Harry’s Dolce Vita in Knightsbridge last year.
A full interview with Richard Caring will follow in the September print edition of MCA.