Two new drive-thru outlets for Burger King and Costa Coffee are scheduled for Beverley’s new Minster Way development.
The developer behind the units, Cookridge Estates, has secured funding to complete the projects with the fast food chains, which have pre-let locations at the site.
Aldermore bank has now provided a £1.3m commercial development finance loan to the West Yorkshire business, as it develops the drive-thrus as part of a larger roadside and retail development.
The area also includes a Lidl food store, which is trading, and a plot for a petrol station and shop, which is also currently under construction.
Duncan Waller, managing director of Cookridge, said: “We’re delighted to work with Aldermore on the final phase of the Minster Way development. Construction is under way for the Costa and the Burger King on time and budget.”
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The development is situated a mile to the south east of Beverley town centre at the roundabout junction of Minster Way, which forms an outer ring road for the south east quadrant of the town.
David Whitehouse, property development manager at Aldermore, said: “This deal is a fantastic example of the work we’re doing in the north of England.
“The two drive-through units are in a prominent location and within the wider development, there are complementary uses which will all attract customers.”
Iain Bryson, head of property development and specialist property at Aldermore, described it as a “well located pre-let commercial property development,” stating the bank was delighted to be working with Cookridge.
Planning consent was granted in February 2019.
Local residents and councillors have previously spoken out against the development of the area, fearing pressure on the nearby roads, drainage problems and the take-up of greenfield space.
Some residents living near to the site voiced their worries over it becoming “an American style strip mall”.