Coffee chain Black Sheep has secured a deal for a new London headquarters and coffee shop on Southwark Street, SE1.
It is taking a 1,229 sq ft site at 81 Southwark Street, where it will pay £75,000 pa.
The company’s new unit is located in a newly developed area of Southwark, opposite the Blue Finn Building, Neo Bankside and the Tate Modern art gallery. Other occupiers in the area include Pret A Manger, Coco di Mama, M&S Food and Leon.
Bobby Blake, associate director in Colliers International’s central London retail agency team, who advised on the deal, said: “It is an exciting time in the coffee industry, with turnover in the British coffee market growing and set to exceed £16m by 2025.
“During the past couple of years, there has been a surge in interest for alternative and healthier coffee options, which formed the foundations of Black Sheep Coffee. The brand’s latest unit is located in an ideal spot for the surrounding office occupiers and tourists which visit, so there is no doubt that this operator will contribute greatly to the area as it continues to develop.”
Black Sheep Coffee has 16 shops in London and recently opened another two in Manchester.
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