[1] The arcade and the building above it were designed by James McKinnon in 1880, for developer George Fisher.
[1] In 1919 it was acquired by Frederick W. Henry, who operated the adjacent Carlton Cafe & Restaurant at 25-27 Donegall Place.
The monogram "AR", in reference to the company, is still visible today on the third floor of the Donegall Place façade.
In 1987 they refurbished the building façades and installed canopies over the Donegall Place and Fountain Street entrances.
[3] In September 2024, Lunn's announced that they would be expanding into the building that formerly housed Carlton Cafe and most recently Oasis.