Independent property company, Hortons’ Estate Ltd, has secured the letting of the UK’s fastest-growing burger chain at a prominent site in Birmingham.
Popular burger chain Archie’s has agreed to a 20-year lease at 8 and 9 Lower Temple Street at the site of the former Caffè Nero next to the Grand Central shopping centre in Birmingham.
The multi-million-pound burger restaurant will invest £750,000 in the approximately 2,500 sq ft premises and plans to open the new venue in mid-December 2021.
Archie’s was launched by owners the Raffiq brothers in Manchester in 2010 and already boasts ten locations across the UK, including a flagship 260 seat diner at the Trafford Centre, coupled with a site in Manchester Airport’s new ‘super terminal’, which opened earlier this year.
Commenting on the move, Ross Mackay of Creative Leisure, who acted on behalf of Archie’s, said: “This is a prime location to continue Archie’s organic growth in the south and we were delighted to have secured this site ahead of strong competition. It is appreciated that landlords including Hortons’ are now understanding this exciting brand and it is always good to work with like minded partners in a streamlined approach to a transaction.”
Famed for its retro pink and white branding and signature neon slogans, the family-run chain has seen business double in the last 12 months. The company employs more than 400 staff and expect sales to reach in excess of £22 million in 2022.
Richard Walker of Hortons’ adds: “This is one of the most high-profile pitches in Birmingham city centre, and we received strong interest when it became available. Archie’s is an exciting and growing brand, and I am confident that they will be a great addition to the parade and wider area. We look forward to welcoming Archie’s to the location and seeing its fit-out.”