Pod expansion continues with three new stores
Published: 18 July, 2011
Pod, the UK’s fastest growing healthy fast food chain, has continued its expansion in Central London with the opening of three new stores, and has confirmed its plans to accelerate expansion across the city and outside London in 2011 and 2012.
Since opening its first restaurant in 2006 at London Wall, Pod has enjoyed considerable success due to increasing demand for the healthy food options it provides. As part of plans to grow the business throughout the capital, CB Richard Ellis - which has acted on Pod’s behalf since the chain acquired its second store on Lloyd’s Avenue – is instructed to secure new stores in Central London, with the intention to have at least 20 stores open by the end of 2011. The chain has equally ambitious plans for 2012 in and out of London.
Pod has acquired premises on New Street, Euston Tower, Regents Place and Chiswell Street - all at £75,000 per annum. The New Street and Chiswell Street stores both opened in early July and seven further stores are set to open by the end of the year.
Michael Dibley, senior director, Central London Retail, CB Richard Ellis, said: “Pod is a pioneering business that differs from traditional fast food retailers by meeting the demand for healthy and convenient eating options. Pod has grown its business carefully by following an expansion strategy that has initially focused on the City of London; however, it is now starting to look further afield to meet the growing appetite for its fresh and healthy food. Pod’s green credentials and seasonal menus give landlords an appealing alternative to the usual A1 food and coffee brands.”
Tim Hall, Pod CEO and co-founder, added: “Pod began in 2006 when I couldn't find anywhere near work that served nutritious, natural food so I decided to give it a go myself. After a steep learning curve, and with great support from CBRE, we are now the UK’s fastest growing healthy fast food chain. Today, we are on a roll and the opening of these three stores, plus many more in the coming months, marks the beginning of our exciting plans to grow the business in the UK.”
