Eataly, the Italian market and food hall, has confirmed it will open its first UK location at 135 Bishopsgate in 2020.

Eataly, which has 40 shops in 12 countries, has signed an agreement with British Land for lease for 42,000 sq ft on the ground and first floors of the building.

The concept combines eating, shopping and learning with Italian products, restaurants, bars, on-site production laboratories, and a cooking school,

Eataly will be accessible from both Bishopsgate and Broadgate’s Exchange Square which is due to be redeveloped into a new park.

The refurbishment of 135 Bishopsgate’s is part of a scheme to redevelop Broadgate, with the upgraded building including office space and in-house catering and a café by Eataly.

Luca Baffigo, chief executive of Eataly said: “Visiting Borough Market before opening our first Eataly in Italy was a source of great inspiration for our concept. This is why opening a place in London where people can buy, eat and learn is a very important and exciting milestone for us. Being able to bring our model into a place that is so significant for us fills us with satisfaction and stimulates us to create in London a wonderful multifunctional experience.”

Claire Barber, head of central London retail and Meadowhall at British Land said: “Eataly’s decision to take space at Broadgate is a fantastic endorsement of British Land’s strategy to create a vibrant, world class neighbourhood at the campus.

“Along with arrival of the Elizabeth Line at 100 Liverpool Street this year, and the high quality retail space due to open at 100 Liverpool Street in 2019, Eataly will really put Broadgate on the map as an exciting destination for Londoners to enjoy seven days a week.”