New Costa and Burger King drive-thrus under construction near Beverley after £1.3m loan
A Yorkshire property developer has announced that it has received more than £1m of funding for the construction of two new drive-thru units at a retail development.
Cookridge Estates, in West Yorkshire, has announced that it has received a £1.3m commercial development finance loan from Aldermore Bank.
The loan will fund the construction of two drive-thrus at Minster Way, which have been pre-let to Costa Coffee and Burger King.
The development is south east of Beverley, and will also feature a new Lidl store.
David Whitehouse, property development manager at Aldermore, said: “This deal is a fantastic example of the work we’re doing in the north of England.
“The two drive thru units are in a prominent location and within the wider development, there are complementary uses which will all attract customers.”
Iain Bryson, head of property development and specialist property at Aldermore, said: “Aldermore are delighted to be working with Cookridge Estates LLP to deliver this well located pre-let commercial property development.”
Duncan Waller, managing director of Cookridge Estates LLP, said: “We’re delighted to work with Aldermore on the final phase of the Minster Way development.
“Construction is underway for the Costa and the Burger King on time and budget.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Have stock markets peaked? Tune out the noise
Will the Employment Rights Bill cost too much?
A game-changing move for digital-first innovators
Confidence the missing ingredient for growth
Global event supercharges North East screen sector
Is construction critical to Government growth plan?
Manufacturing needs context, not more software
Harnessing AI and delivering social value
Unlocking the North East’s collective potential
How specialist support can help your scale-up journey
The changing shape of the rental landscape
Developing local talent for a thriving Teesside