Bubble Tea Franchise secures retail unit on the Birmingham Road, Sutton Coldfield
Commercial | 18.05.2023
Burley Browne is delighted to announce the successful letting of 40 Birmingham Road on a new 5 year lease to a franchisee of the Teddy Bear Bubble Tea Company.
The self contained retail unit comprises a well-presented retail sales area, ancillary stores and large glazed shop front and commands a strong position on Birmingham Road within walking distance of the town centre, and provides a variety of retail and leisure offerings from national, regional and independent operators to include Pizza Hut Express, Burger and Sauce, and Tesco Express.
James Sinclair, Graduate Surveyor at Burley Browne comments “We were delighted with the interest received on this unit and the variety of occupiers enquiring. Bubble Tea has become increasingly popular in the UK driven by the millennial demand for sweet and customisable dessert drinks along with the interest in new and exciting cuisines. This is the 11th Teddy Bear Bubble tea store to open in the UK and the first outside of London and the home counties. I look forward to Oi Yan Tam and team opening their doors on the 2nd June.”
David Hemming, Director and Head of Agency at Burley Browne added, “Despite all the challenges that are being faced in the retail sector, Sutton Coldfield remains a popular destination for Retail and Leisure occupiers. The letting to Teddy Bear Bubble Tea follows a number of great new arrivals within the town to include GDK, Burger and Sauce, Jubilee Garden and KFC along with long established local restaurant operator Pizza by Goli doubling the size of their premises and underdoing a substantial refit. With the Masterplan and the Regeneration of Sutton Coldfield progressing, there is every confidence that Sutton Coldfield will remain a thriving and great place to live, shop and enjoy your leisure time”
For further information about new opportunities OR you are a landlord looking for a commercial agent please contact the agency team of Burley Browne on 0121 321 3441 or via email enquiries@burleybrowne.co.uk or visit the property search function on our website, www.burleybrowne.co.uk.
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