Burger King makes central Birmingham bow at Martineau Place
BURGER KING and Poundland have signed up for units at Martineau Place in Birmingham city centre.
The Birmingham-based retail team of property consultancy Cushman & Wakefield completed the lettings at the shopping centre, which fronts Corporation Street.
Poundland has taken a ten year lease on a 30,000 sq ft unit on Corporation Street and Burger King has agreed a 20 year lease on what will be its flagship store in Birmingham city centre. Its unit extends to 8,000 sq ft.
Ed Purcell, of Cushman & Wakefield, said that both deals involved six figure sums.
He said: “We are delighted that we have let these two large corner properties within Birmingham city centre to national retailers at high rents and on long leases.
“This shows the ever increasing strength and attractiveness of the retail market to retailers within the city centre.
Willenhall-based discount retailer Poundland opened its first store at the Octagon Centre, Burton, in 1990. The firm has recently announced that its turnover had topped £1bn for the first time.
Burger King was founded in 1954 and has grown to become a global chain of fast food restaurants. The new store is its first in Birmingham city centre.
Other tenants at Martineau Place include Boots, Argos, Sainsbury’s and Caffe Nero.