GCL are delighted to have acted on behalf of HBD on the letting of unit A1 Stop 24, Folkestone services. Jct 11 M20 Kent. We concluded a transaction with the exciting Australian Coffee concept, Gloria Jean's Coffees With 1000+ stores worldwide, it is their first step into Motorway Service Areas.
A new 10-year lease was agreed via a Base rent and turnover top up reaching 15%
Peter Hutton of Canning Vale property advised Gloria Jean's Coffees.
Conor Hurman of GCL commented. ‘The attractiveness of Motorway Service stations and their ability to stay open and trade plus the level of exclusivity we can offer really appealed to Gloria Jean's Coffees and we wish them every success when the open in early summer.'