Retail Destination
    • FREE Email Newsletters
    • About Us
    • Advertise
    • Contact Us
    • Subscribe
    Twitter
    Retail Destination
    • News
      • Acquisitions
      • Appointments
      • Facilities
      • F&B
      • Footfall
      • Marketing
      • Store opening
      • Store signing
      • Technology
    • Development
      • Construction
      • Investment
      • Leasing
      • Planning
    • Products & Services
    • Sponsored Content
    • Events
      • Sceptre Awards 2024
      • Retail Destination Live 2025
    • Digital Editions Archive
    Twitter
    Retail Destination
    Leasing

    Savills strengthens Costa Coffee roll out plans

    Iain HoeyBy Iain HoeyFebruary 17, 20212 Mins Read
    LinkedIn Facebook Twitter Email
    Share
    Facebook Twitter LinkedIn Email

    As part of the wider expansion plans for Costa Coffee, real estate advisor Savills agreed deals for 30 new sites in 2020.

    The new stores acquired by Savills contributed to a total of 63 new equity store openings by Costa Coffee in the UK last year – supporting its continued growth despite the challenges faced by the sector during the Covid-19 pandemic.

    The deals included 21 new drive-thru sites in Pontprennau, East Lothian, and Luton. In addition, Costa Coffee acquired four stores in retail parks, including Trostre Retail Park, Llanelli and Kingstown Retail Park, Carlisle as well as five stores in high street and travel locations such as Exeter High Street and Winchester and Oxford train stations.

    Matthew Brown, retail director at Savills, commented: “2020 was clearly a challenging year for the retail and hospitality sectors, but the continued expansion drive from Costa Coffee shows the strength of the business and its commitment towards building its store portfolio in all locations throughout the UK. As we progress into 2021, we look forward to continuing our work with Costa and supporting the brand with its ongoing acquisition plans.”

    James Hamilton, property & store development director, Costa UK & Ireland, said: “We’re delighted to have been able to continue to grow our store portfolio in the UK over the past year, across both equity and drive-thru sites. In 2020, our drive-thru stores played a particularly important role for us in enabling our on-the-go customers to be able to safely and easily purchase their favourite Costa coffee while out on essential journeys. Our robust safety measures allow us to continue to plan and open more sites in 2021, and we look forward to doing this alongside the experienced team at Savills.”

    Savills continues to work with Costa Coffee to acquire stores as the retailer expands its portfolio in the UK.

    Previous ArticleSt George’s Shopping Centre owner calls in administrators
    Next Article Gordon Ramsay Academy to open in Woking this Autumn
    Iain Hoey

    Read Similar Stories

    Hanningtons Estate fully let

    April 3, 2025

    Cube RE welcomes Escape Hunt to Cathedral Square, Worcester

    April 3, 2025

    Wellbeing in retail

    June 20, 2024
    Latest News

    Xscape Milton Keynes celebrates 25 years

    May 20, 2025

    SPYSCAPE to open in Covent Garden

    May 20, 2025

    Leading brands recommit to Manchester Arndale

    May 20, 2025
    Sponsored Content

    Why Destination Retail is Charging the Way Forward for the UK’s EV Infrastructure

    May 1, 2025

    Powering retail growth: charging ahead towards net zero

    October 1, 2024

    Twin Benefits

    May 30, 2024
    © 2022 Lewis Business Media. All Rights Reserved.
    Lewis Business Media, Suite A, Arun House, Office Village, River Way, Uckfield, TN22 1SL

    Privacy Policy | Cookie Policy | Terms & Conditions

    • Retail Destination Live
    • Sceptre Awards

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT ALL”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsREJECT ALLAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
    cookielawinfo-checkbox-analytics1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Analytics" category .
    cookielawinfo-checkbox-functional1 yearThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Necessary" category .
    cookielawinfo-checkbox-others1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to store the user consent for cookies in the category "Others".
    cookielawinfo-checkbox-performance1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to store the user consent for cookies in the category "Performance".
    PHPSESSIDsessionThis cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    CookieDurationDescription
    _ga2 yearsThe _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
    _gat_gtag_UA_31822138_191 minuteSet by Google to distinguish users.
    _gid1 dayInstalled by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    CookieDurationDescription
    OAID1 yearThis cookie is set when an AdsWizz website visitor have opted out the collection of information by AdsWizz service or opted to disable the targeted ads by AdsWizz.
    SAVE & ACCEPT
    Powered by CookieYes Logo