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Caffe Nero appoints property firm to drive London expansion

25 March 2011 by
Caffe Nero appoints property firm to drive London expansion

Caffè Nero has appointed property consultancy Lunson Mitchenall to drive growth of the coffee chain in central London.

The company said it was the first time it had retained a specialist advisor to focus specifically on central London and follows on from a programme of recent acquisitions at Green Park station, Marsham Street SW1, Westfield London and Gloucester Road.

In addition to the central London remit, Lunson Mitchenall will continue in its current role, advising the chain on its home counties portfolio.

Guy Mauduit, property consultant to Caffè Nero, said: "Central London is a key part of our expansion programme and we will be targeting a number of locations and continuing to develop our ever-evolving shop-fit designs."

Leisure and catering specialist at Lunson Mitchenall, Theo Fordham, said: "Caffè Nero is a major force in the premium branded coffee market and we are delighted to work alongside the team to provide strategic advice to the growth of its central London portfolio."

Caffe Nero plots growth after £140m refinancing >>

Coffee drinking grows in 2010 despite recession >>

By Neil Gerrard

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