Dynamo Cycle Café and Restaurant Clinches Second Site in Balham
July 27, 2017
Dynamo, the Antipodean-style all day café, restaurant and cycling shop has secured its second site in London through leisure property advisers Davis Coffer Lyons (DCL).
It has taken on the former French Café in Balham, a 2,227 sq ft premises over ground floor and basement with outdoor seating on Ritherdon Road off Balham High Road. DCL assigned the leasehold interest which has eight years remaining at a passing rent of £41,300 per annum. A premium was paid for the property.
Dynamo, which opened its first site in Putney in 2016, offers breakfast, brunches and woodfired pizzas, wine and beer, and features a downstairs cycle clubroom and is a hub for cyclists starting, finishing or breaking their rides. It was the brainchild of Matt Utber, founder of creative design agency The Plank, and Tim Molema, Head of Food at GBK – combining their joint passions for cycling and food. Dynamos Antipodean theme reflects Utbers Australian and Molemas New Zealand origins. The pricing and quality of the food means The Dynamo is winning plaudits and very healthy revenue for a site that has struggled in the past.
Rob Meadows, Director, Agency & Leasing, Davis Coffer Lyons, said, Dynamos cycle-geared café/restaurant is a really exciting and popular concept which has established the brand over the last year throughout Londons cycling community but with a food quality level which also attracts non-cyclists. They are now well positioned to expand and like Putney, the new site in Balham appealed due to its proximity to a popular cycling circuit around London.
Like Putney, the Balham workshop will also have a retail component, selling inner tubes, helmets and other biking paraphernalia to customers. The Putney site has facilities for cyclists to freshen up in and a clubroom with a large screen to show events like the Tour de France.