Nando’s to join Birmingham’s One Stop Shopping Centre

Europa Capital and Sovereign Centros have agreed to let new space at Birmingham’s One Stop Shopping Centre to Nando’s. They have agreed a lease on a 3,649 sq ft unit at an annual rent of £82,500, equating to £22.60 per sq ft. The lease has a break option at the 15th year. One Stop Shopping Centre is located in Perry Barr, to the north of the city centre. It is currently undergoing preparatory fit-out works and is due to open this October. Alex Druttman, director at Europa Capital, said: “One Stop continues to perform well and is seen as a destination retail centre in north Birmingham. Casual dining offerings help increase dwell time and improve overall customer experience.” Simon Phipps, senior development manager at Sovereign Centros, said: “This popular and successful restaurant brand will significantly enhance the dining offer within the centre, which already includes Burger King, KFC, Greggs and Subway.” Europa Capital and Sovereign Centros were advised by Savills, Cushman & Wakefield and Wright Silverwood. RedLeaf acted on behalf of Nando’s. To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette