Deal complete on new Birmingham Starbucks

Pictured (left to right): John Liggins, Pat Moroney, David Allen

The main figures behind a new Starbucks drive-thru in Birmingham have come together to celebrate its completion.

Deeley Properties, in partnership with Ziran Land, acquired the site adjoining the Maypole Roundabout earlier this year from a private landowner to create the new café/restaurant, which has a 15-year lease.

The investment on the property, built by Deeley Construction, was sold to Custodian REIT through David Allen, of Holt Commercial, on completion.

Pat Moroney, of Deeley Group, John Liggins, of Ziran Land, and David Allen, of Holt Commercial, were key figures in the deal that saw Starbucks open in September, creating 18 jobs.

Pat said: “We saw this opportunity to work in partnership with Ziran Land to create this new Starbucks. It has worked extremely well for all parties and because of that relationship we are already looking at other very similar developments.

“It is a project where we saw potential to create value and also a new café/restaurant for the local community and perfectly fits Deeley Group’s ‘end to end’ capabilities in the delivery of projects.”

John said: “It has been an excellent project all round and it is great to have achieved completion and hand over the final property.

“It is great to have worked in partnership in this way and to have seen such a positive result.”

David said: “There is strong growth in this sector and I envisage many more developments of this type both across the region and nationally.”

Wade Commercial acted for Custodian REIT.