McDonald's, 88-91 Altcar Road, Formby, Liverpool L37 8DL

Liverpool, L37 8DU

Acquired
McDonald's, 88-91 Altcar Road, Formby, Liverpool L37 8DL
Price £4,000,000
Rent (pa) £220,000
Yield 5.16%

Investment Summary

  • Prime drive thru restaurant opportunity in affluent Liverpool commuter town.
  • Prosperous catchment population.
  • Highly prominent site fronting an arterial road adjacent to Tesco food store and at the front of the town’s largest industrial estate.
  • Purpose-built drive thru restaurant developed in 2015 and fully refurbished and refitted by McDonald’s in 2018. The property extends to a total gross internal area of 11,733 sq ft.
  • Dominant drive thru restaurant for its catchment.
  • Excellent car parking and long dual access drive thru lane surrounding the property.
  • A3 planning consent with 24-hour trading.
  • Let to McDonald’s Restaurants Limited (co. no. 01002769) for a further 23 years.
  • Current passing rent of £220,000 per annum (£18.75 psf).
  • Freehold.
  • Offers sought in excess of £4.00m (subject to contract.)
  • Attractive 5.16% net initial yield.
  • The property is understood to be the largest drive thru in McDonald’s UK portfolio.
Town Liverpool
Postcode L37 8DU
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