Fledgling cafe operator Coffeesmiths Collective has opened its second site, and has secured its third, as it targets a further five in the capital over the next 12 months. The company has taken a five-year lease at the site on Lowndes Court, off Carnaby Street. The 858 sq ft unit will trade as Speakeasy Espresso & Brew Bar. Contracts have also been signed for another unnamed site in the City. It follows last year’s opening of Coffeesmiths first site, the Department of Coffee and Social Affairs on Leather Lane in the City. Colliers International, which is advising the Coffeesmiths Collective on its acquisitions, said: “A further unit will open in early November with five further London stores set to open over the next 12 months.” Rob Fay of Colliers told M&C Report: “We are looking at central London, particularly West and East End as well as the London villages over the next couple of years. We don’t mind looking at unusual configurations and locations.” Sites of up to 1,000 sq ft are being sought, although smaller units would also be considered, Fay said. Coffeesmiths was co-founded by Chris McKie, Tim Ridley and Stefan Allesch-Taylor.