A new £2.5 million development of two drive-thru restaurants will get underway in the New Year in Evesham.
Portway Investments Ltd, in conjunction with Ziran Land Ltd as development managers, has purchased a prominent site at Twyford Services Evesham from Wellesbourne Properties to construct two restaurants which are pre-let to Costa Coffee and KFC.
Work on the site will begin early in January 2019 with a target completion in early May creating an investment with a value in excess of £2.5m.
Holt Commercial acted for Portway in the deal while Molineux Rose acted for Wellesbourne.
David Allen, Director of Holt Commercial, said “This is an area of the market that has grown significantly and continues to grow. This is one of several deals we’ve concluded in the past 12 months in this sector and we anticipate further activity in 2019 and beyond.”