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.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners