Costa Coffee renews Brindleyplace tenancy for 10 years

One of the most well-known retailers in Brindleyplace, Costa Coffee, has extended its lease for a further 10 years, ensuring its presence on the estate until 2023.

Costa, which occupies the free-standing retail unit at the heart of the mixed-use estate, has been a favourite location for commercial occupiers, residents and passers-by since first opening in 1997.

James Hamilton, Head of UK Acquisitions, Costa, said: “This has always been a great location and we have benefitted hugely from the status of Brindleyplace as a destination, attracting business from the commercial occupiers all around us as well as residents and visitors to attractions such as the National Sea Life Centre.

“We have developed an excellent relationship with the estate management team and I know that I speak for the whole team when I say how much we are looking forward to a further ten years as a member of Brindleyplace.”

The award-winning Brindleyplace estate is owned and operated by Hines Global REIT and Moorfield Group (Moorfield) and contains both Central Square and Oozells Square, with a number of bars, restaurants and attractions, including the Crescent Theatre and IKON art gallery.

Raj Rajput, Director, Hines, said: “Costa’s presence in Brindleyplace has been a long-term anchor on the estate and for many is their first port of call in the morning. This renewal demonstrates an outstanding commitment to Brindleyplace and reflects its success as both as a business and recreation location.

“Costa’s presence in the award winning glazed café at the heart of Central Square has become synonymous with Brindleyplace and we are naturally delighted that they have opted to renew their tenancy.”

Brindleyplace boasts an extremely diverse mix of commercial tenants, including Deloitte, RBS, Deutsche Bank and GVA. A full range of bars, restaurants and leisure amenities are also available across the estate, including Café Rouge, the Handmade Burger Company, Bannatyne’s Health Club, and Bank bar and restaurant.