Success is supersize in Junction 28 deal
ONE of the region's fastest-growing commercial locations has served up another significant development in double quick time. McDonald's has opened a new-format drive-through restaurant at Berristow Lane, South Normanton – just a stone's throw from a major retail destination.
The 24-hour-a-day, seven-day-a-week operation was up and running within three months of work starting on the site, which is owned by Langham Park Developments.
It brings much-needed restaurant facilities to a site close to the Berristow Lane industrial area, the East Midlands Designer Outlet, and Castlewood – the business park that is now home to a massive Co-operative Group food distribution centre due to employ about 1,000 people.
As a result, the new-style McDonald's will be serving a range of customers, covering the commercial and industrial sites during working hours, surrounding residential areas during the evening, and passing traffic and visitors to the designer outlet seven days a week.
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The deal with McDonald's is thought to involve a 20-year lease, which was negotiated on behalf of Langham Park by Ben Tebbutt, a director of the retail and leisure team at the Nottingham property consultancy FHP.
FHP's involvement was a team effort, with fellow director John Proctor also ensuring it became a fully-funded site through a sale of the investment to Dubai investors for more than £1.5 million.
FHP is also marketing the second and third phases of the site, which could include further retail, restaurant and residential facilities.
Proctor said: "Taken at face value, the opening of a new McDonald's restaurant seems fairly routine.
"But it's of greater significance than you might think because it acknowledges the scale and breadth of the commercial activity now taking place around Junction 28.
"Besides the existing businesses on the Berristow Lane side of the A38, we also have the Castlewood site, where the Co-op development has been followed by the arrival of Meridian Lightweight Technology's UK headquarters and Midland Aerospace.
"McDonald's is a sophisticated business which now appeals to a much wider customer base, ranging from traditional diners to business people who want to pop in for a coffee and make use of the wifi.
"It is exactly the kind of complementary facility a growing commercial destination needs and we're hoping to attract other facilities to both Berristow Lane and Castlewood itself – which will be home to more than 2,000 people in its own right."
He added: "We're very proud of this deal because it illustrates the breadth of what FHP can deliver for clients.
"We introduced the investor to fund the scheme, we completed the letting to a high-profile occupier and we're optimistic that similar success will be achieved with the future stages of the site."
Mike Wrigley, of Langham Park Developments, said: "We're thrilled to have been able to bring McDonald's on board at Berristow Lane and this is clearly a great opportunity for them.
"They are an incredibly slick operator, with the site up and running three months after legal completion and a week ahead of schedule. They are an asset to the site and we know they'll trade well here."
The McDonald's drive-through is accessed from the access roundabout to the Berristow Lane industrial area and East Midlands Designer Outlet.
It is located just off the A38, less than half a mile from Junction 28 of the M1 motorway.