Las Iguanas, the Latin American restaurant group, has taken over the lease of the former Henry’s bar and restaurant on Quayside, Cambridge. Cheffins negotiated the deal on behalf of Magdalene College.

Occupying a prime site on the piazza beside the Scudamores punting station, it is possibly the best riverside trading position in Cambridge, said Simon Lewis, director of Cheffins. It has an extensive riverside dining terrace and nearby are a number of national multiples including Prezzo (in the former Café Uno unit), Cote and Café Rouge.

Steven Morris, senior bursar at Magdalene College said: “Las Iguanas will bring a fresh and exciting new environment to Quayside which will have wide appeal, drawing in more visitors to this key location and boosting business for all the outlets operating there.”

The joint agents with Cheffins were Nash Bond.