Horncastle strikes KFC deal

YORKSHIRE BUSINESS INSIDER

10 January 2011


Brough-based developer Horncastle has agreed to sell part of The Beacon, its development site in Hull, to global fast food chain KFC.

The deal is subject to planning permission, but KFC contractors are due to start work on site early in spring this year with plans to open the drive-thru restaurant in the autumn.

Horncastle said KFC chose The Beacon, which has recently rebranded from Merchant's Quay, because of its location on a key arterial route into Hull City Centre, adjacent to the A63 with easy links to the Junction retail park, Asda and Hessle road.

Adam Mobley, partner at WSB Property Consultants, said: "The South West area of Hull has been a high priority requirement for KFC over the last few years and The Beacon ticks all the boxes in terms of location and accessibility. KFC continues to invest in the Hull region and will invest £1.4m initially in this project creating many future jobs in the process."

Ian Hodges, director of the Horncastle Group, added: "We’re delighted to have signed a deal with KFC at The Beacon. It's a perfect location on a main route into the city centre with space that can be tailored to businesses needs and its great to see that major chains like KFC can see that too. At Horncastle we are always continuing to develop and improve all of our sites and are continually talking to new businesses about relocating as we can adapt our spaces to their needs, so we hope to announce further deals in the new year."

Garness Jones is acting agents for the site.