This paper presents the results of hydrodynamic performance and wake assessment for a horizontal axis tidal current turbine. The three-dimensional instantaneous flow field is resolved utilizing the Improved Delayed Detached Eddy Simulation (IDDES) turbulence model and polyhedral mesh. The rotor rotation is simulated by employing the sliding mesh approach. The simulation results using turbulence model of k-ω Shear Stress Transport are also presented for comparison. The simulated thrust and power coefficients and wake characteristics are validated against published experimental results. It is shown that the performance and wake velocity predicted by IDDES are closer to the experimental values than those predicted by k-ω Shear Stress Transport model. In determining the pressure coefficient, only IDDES captures the time-varying fluctuations pertaining to blade generated turbulence. The oscillations in phase-averaged performance coefficients are substantially larger for IDDES because the inflow turbulence in this model is more realistically resolved using Synthetic Eddy Method. The IDDES predicts more detailed vortex structures which has impact on accurate determination of blade pressure distribution and also energy dissipation rate and downstream flow field. It is demonstrated that the IDDES model is capable to satisfactorily simulate the hydrodynamics of a horizontal axis tidal current turbine.