Addington Capital, in partnership with the shopping centre owner EPISO, an opportunity fund advised by Tristan Capital Partners, has let another unit in its Queens Arcade shopping centre to Tim Hortons coffee shop.
Tim Hortons is taking a new unit of around 2,000 sq ft at 16 Working Street in Cardiff City Centre. This follows hot on the heels of Tim Hortons announcing in September that it would be opening its first coffee shop in Wales in the centre and would be taking a new 10 year lease of 2,500 sq ft at Unit 20 Queen’s Arcade.
Tim Hortons is one of North America’s largest restaurant chains, operating in the quick service sector. Famous for its lattes and “Dark Roast” coffees, Tim Hortons has more than 4,600 system- wide restaurants located in Canada, the United States and the Middle East, and serves 5.3 million Canadians every day.
The company has announced plans to open widely in the in the UK, having opened its first store in Glasgow five months ago.
Commenting, Alex Wagstaff of Addington Capital said, “We are delighted Tim Hortons has again chosen Queens Arcade Shopping Centre for its coffee shop. This will be a real attraction for our customers and a boost to Cardiff.”