Newsteer secured a pre letting to Tim Hortons for a new drive thru beside Broadstairs Retail Park and Tesco Extra.
The client’s challenge
The client needed to identify the strongest operator for a new drive-thru opportunity and establish market demand before committing to a preferred occupier.
Our solution
Newsteer ran a targeted marketing exercise, generated strong interest, managed competitive bidding and negotiated heads of terms and an agreement for lease with Tim Hortons.
Beyond advice: how we added value
The competitive process allowed the client to compare occupier demand and terms, supporting a decision based on both commercial strength and fit with the wider location.
Outcomes and impact
An agreement for lease was secured with Tim Hortons for the new drive-thru unit.