Business

Starbucks opens latest outlet in newly-refurbished Moneda House

Coffee chain Starbucks is the first tenant into the newly-refurbished Moneda House in Belfast's Wellington Place

THE newly-refurbished Moneda House in Belfast's Wellington Place has welcomed its first tenant with global coffee brand Starbucks securing its latest city centre offering.

The prominent corner site will have a 2,500 sq ft coffee shop to cater for the numerous office buildings and increasing student population in the area.

Moneda House has been redeveloped by Tyrone-based developer McAleer & Rushe (the investment is worth around £5 million) and will also provide around 17,000 sq ft of high-specification office accommodation on the upper floors.

Jonny McKinney of McAleer & Rushe said: “Moneda House is an exciting development which has received significant market interest to date. The property is in an exceptional location within a two-minute walk to City Hall providing cutting edge contemporary retail and high quality office accommodation in Belfast city centre, which is currently in short supply.

"This significant investment in the building is fantastic news for the wider growth of Belfast as a vigorous forward-thinking international city. It gives confidence to many new and existing world-leading companies that Belfast can cater for their office requirements."

Osborne King delivered the letting to Starbucks and is marketing the newly-refurbished office space.

The agency's associate director Richard McCaig said: “We're delighted to be marketing such a high profile scheme for McAleer & Rushe, which has a proven track record of creating world- class buildings both in Northern Ireland and across the UK.

“We have already had significant interest from a range of office occupiers, and there is no doubt the quality of the scheme and its prime location close to Donegall Square will be attractive to both local and national businesses.”

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