SPT News
Caffe Nero and SPT sign an historic deal, securing the future of an iconic Glasgow building.
Coffee chain secures top city property
April 9, 2009 NewsThe iconic St Enoch travel centre building will be preserved for future generations following an historic property deal between SPT and coffee chain Caffe Nero.
The beautiful building - which dates back to 1896 and was the original headquarters for the Subway Company - has reopened as a branch of the popular coffee chain following a comprehensive refurbishment.
By transforming the Scottish Baronial-style structure into a modern business premises, Caffe Nero has ensured that the building remains in use without losing any of its original charm.
SPT Director of Property and Asset Management, John Wilson, said: "We are delighted by this historic deal with Caffe Nero.
"It represents a fantastic business opportunity for both our organisations, as well as giving SPT the means to preserve this gorgeous building.
"This is the type of quality catering and retail opportunity we hope to install at a range of locations as our programme of Subway modernisation gets under way. You'll see our ads for that shortly."
Ben Hinchliffe, Caffe Nero's Area Manager for Glasgow, said: "Caffe Nero is delighted to be opening a store in such an iconic building.
"We will be in an ideal location to provide our high quality authentic Italian coffee and food range to SPT commuters and shoppers alike.
"The site is superb and this presents a very exciting opportunity for us. We are delighted that we have been able to continue the life of such a prominent Glasgow landmark and would like to thank SPT for giving us the opportunity to do so."
SPT Chair Alistair Watson said: "I welcome this historic agreement which is the first of its kind for SPT.
"Money raised through this deal will be reinvested in the Subway network, with obvious benefits for the millions of people who travel on it every year."
