Having acquired the Darnley Retail Park, EPF identified a site immediately to the south as an excellent development opportunity to complement its existing holdings.
After undertaking a detailed planning and development appraisal, EPF sourced a high-quality user in the form of Whitbread's Costa Coffee.
EPF developed an innovative drive-thru concept for Costa Coffee, on time, within budget and to the highest standard. The unit opened in January 2013, breathing life into otherwise-unused land. The unit opened for business
Investment rationale and Asset Management:
Vacant site with opportunity to prelet and develop.
- Purchase level off vacant value.
- Excellent location.
- Prelet to Grade A quality tenant.
- Regenerate unused site, complementing existing retail park.