23rd August 2013
Caffé Nero opens at Birds Lane, Cowbridge
Acting on behalf of RS Bird Ltd, property consultants Alder King have secured the letting of Unit 4 at the Birds Lane retail development in Cowbridge, near Cardiff to Caffé Nero. The coffee shop chain joins anchor store Waitrose and fashion retailer Fat Face at the recently opened development.
Caffé Nero, advised by Macarthur Wilson, has taken the 1,354 sq ft (125 sq m) corner unit on a new 10 year lease at an undisclosed rent.
The Birds Lane development is situated just off the High Street in Cowbridge, an affluent historic market town 10 miles west of Cardiff.
Charles Russell-Smith, head of Alder King’s retail agency team says: “Caffé Nero is a great addition to Birds Lane, enhancing the retail mix and helping to drive footfall to the scheme.”
Alder King, which has provided development consultancy, planning, project management and retail agency services to RS Bird throughout the development life cycle, is now marketing the two remaining retail units, each comprising 1,354 sq ft (125.8 sq m).
Mr Russell-Smith added: “Birds Lane is an excellent example of a small but highly successful development that compliments an already vibrant retailing area. With such high profile names now on board, this will give added impetus to the two remaining units.”