Wagamama, the fast-casual noodle chain, is set to open its first restaurant in Edinburgh after securing a former Bank of Scotland site in the city.
The company, which was acquired by private equity group Duke Street Capital earlier this year, has signed a 15-year lease on the 7,700sq ft site in the city’s Castle Street.
The restaurant will become the group’s fourth in Scotland when it opens later this summer. It opened its latest site in England, in Horsham last month, taking its UK estate to 72 restaurants.
Simon Bashford of Jones Lang LaSalle, which brokered the deal, said: “There has been a real appetite for Wagamama to open in Edinburgh for some time. 1 Castle Terrace is very prominent site and an excellent location for the chain, providing it with access to both office workers and passing footfall from shoppers.”
Last month, Duke Street, which acquired the chain from Lion Capital for around £215m, announced plans to expand Wagamama to 300 UK restaurants.
Property consultant Cushman & Wakefield has been retained to aid the expansion, with plans to open 20 sites per year.
