Harworth Group plc, a leading regenerator of land and property for development and investment, has begun the construction of two separate Costa Coffee drive-thrus on two of its development sites in Yorkshire whilst also being on-track to deliver a major new Government facility by the Autumn.
Costa Coffee Ltd (“Costa”) has signed agreements for lease at Harworth’s Riverdale Park development in Doncaster and at Harworth’s head office at Advantage House in Rotherham. Under the terms of both deals, Costa will enter into 15-year leases shortly after practical completion of two 1,800 sq. ft drive-thru units that Harworth will build on its behalf.
Riverdale Park’s Costa will be practically completed in early October and is being built by JP Wild on Harworth’s behalf. Advantage House’s Costa will be practically completed in November and is being built by HP Construction on Harworth’s behalf. As master developer, Harworth delivered ready to build on land platforms ahead of unit construction works taking place.
“Demand for food & beverage drive-thrus in established commercial locations in the North of England remains very strong. We’re very pleased to accommodate Costa on another two of our sites, following our previous build-out of their unit at Logistics North in Bolton in 2018.”Adam Osborne, Development Manager, Harworth Group plc
“We remain keen to grow our income portfolio to continue to cover the overheads of the business and both units on completion will generate a robust income stream. Having Costa on Riverdale Park and close to our Waverley development also directly supports our placemaking efforts as we continue our long-term delivery of these sites.”Tim Powner, Asset Manager, Harworth Group plc
Harworth also remains on-track to practically complete the UK Atomic Energy Authority’s (UKAEA) new nuclear fusion technology research facility at its flagship Advanced Manufacturing Park (AMP) development in Rotherham in September.
The 22,300 sq.ft. unit, which is being built by Sheffield based contractor JF Finnegan on Harworth’s behalf, will comprise office accommodation split over two floors and a research laboratory at ground floor level. The UKAEA will be taking a 20-year lease with Harworth on its completion in September and will employ 40 highly skilled people – continuing the authority’s close working relationship with the University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) and Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC).
The new facility is being funded as part of the Government’s Nuclear Sector Deal delivered through the Department for Business, Energy and Industrial Strategy. An additional £2 million of investment is coming from Sheffield City Region’s Local Growth Fund, thereby helping the UKAEA join other leading occupiers at the Advanced Manufacturing Park including Rolls-Royce, Boeing and McLaren Automotive, and further strengthening the park’s standing as being at the centre of high-value employment in the UK.
“Continuing to build out new commercial space is essential for the UK’s ongoing economic recovery and I am delighted with progress being made in finalising the UKAEA’s new facility. This development has the potential to create many jobs in the local supply chain as fusion technology matures and we look forward to supporting that process where we can.”David Elliott, Director of Building, Harworth Group plc