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Investment Highlights
- Comprises a new build, standalone Drive-thru unit.
- Full repairing and insuring lease expiring 3rd August 2045 (TBO August 2035).
- Subject to 5-yearly, upwards-only open market rent rent reviews.
- Additional EV income at an initial £1,500 per annum - terms agreed.
- Predominantly let to Burton & Speke Ltd, trading as Starbucks.
- Burton & Speke passing rent of £110,000 per annum.
- Burton & Speke Ltd now has 24 stores across the East Coast of Scotland with 16 of these Drive Thru, and has a Credit Safe Risk Score of 100, representing a very low risk.
- Total anticipated rent of £111,500 per annum.
Property Facts
Amenities
- 24 Hour Access
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- -
- 22,000 SF
- -
- Sep 2036
B&M was formed in 1978 and is now one of the leading variety retailers in the UK. From its first store in Blackpool, Lancashire, B&M has grown to over 700+. B&M believes in selling top branded products at sensational prices. They attract over 4 million happy customers through their doors a week. B&M has stores throughout England, Scotland, Wales and Northern Ireland. They are the UK’s leading variety goods value retailer, providing customers with a limited assortment of the best selling items across a range of Grocery and General Merchandise categories, all at value prices. By adopting a simple, low-cost approach to sourcing products direct from manufacturers and leading brand household names, they are able to offer customers the products they want at compelling prices, helping their shopping budgets go that bit further.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
- | 22,000 SF | - | Sep 2036 |
Nearby Major Retailers
Presented by
B & M | Brioch Rd
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