Turtle Bay, the Piper Private Equity-backed Caribbean restaurant chain, has secured its first London site.
The site will be located in Walthamstow High Street as part of a leisure and retail development. Turtle Bay will occupy one of five to six restaurant units in the complex.
Davis Coffer Lyons (DCL) handled the transaction.
Turtle Bay operates seven restaurants nationwide including a newly opened Birmingham branch. M&C reported in early April of the group’s plan to open two sites in Manchester in the next 12 months.
Jake Bernstone, restaurant agent at DCL said: “Turtle Bay’s recent investment from Pipers means it is well funded and is actively looking for further sites. I believe it will fit in exceptionally well with the diverse, up-and-coming demographic of Walthamstow, which I have no doubt will fully embrace Turtle Bay’s food that is certainly in high demand.”
The company, in which Piper has invested £6m, intends to open a further 20 outlets over the next three to five years.
