Franchise-led brand Triple Two Coffee has agreed terms to open at Manchester’s landmark City Tower building.
The food and drink chain operates throughout the UK, with its latest venture set to be its first in the North.
It has struck a deal with Schroder Real Estate to take over 1,600 sq ft of space across the ground floor on a ten-year lease and is expected to open late February.
Rob Cosslett, investment manager at Schroders, said: “This new addition is reflecting our strategy of continuously improving the retail offer at City Tower and will be a very positive addition to Parker Street.
“This is a national, fast-growing food and drink chain which will complement and enhance the existing offering. Triple Two Coffee is set for a rapid expansion all over the UK, and we feel privileged that City Tower has been selected to be the first destination in the North.”
Russell McGill, associate director in Savills’ Manchester retail team, which advised Schroders, added: “The retail and leisure offering at City Tower has developed significantly and the addition of Triple Two Coffee bolsters the recent deals struck with Lidl and Freshly Chopped.
“The result is a diverse tenant mix in the building which can support the needs of occupiers and really help create that vertical village feeling.”
Related: Triple Two Coffee Franchise
City Tower is owned in a joint venture between Schroder Real Estate Investment Trust, the actively managed UK REIT, Schroder UK Real Estate Fund and Immobilien Europa Direkt.
By Matthew Ord
Source: Insider Media