Savills, on behalf of Wagamama, has acquired new restaurant space at 13 Whitehall Street in Dundee, Scotland.
The UK`s largest Japanese F&B (food and beverage) operator has taken a lease assignment at the site formerly occupied by independent restaurateur Mozza. Totalling 4,500 sq ft, the new restaurant is scheduled to open in summer 2024.
Set to be located on Dundee’s best thoroughfare for casual dining, Scotland`s fourth largest City has a relatively under-developed F&B scene with only a handful of national brands currently operating in the vicinity of Whitehall Street. Wagamama spotted an opportunity to enter a new market with a sizeable population, including a large number of students, immediately on their doorstep.
John Menzies, director in the Scottish retail and leisure team at Savills, comments: “We have been studying the Dundee market over the past 12-18 months for Wagamama and concluded it is the ideal location for the site of their next Scottish restaurant. The City Centre has been through a major regeneration, which was a factor influencing the decision and I am sure Wagamama will be a fantastic addition to the casual dining scene in Dundee, which we see continuing to grow over the next five years.”
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.