Starbucks, Unity - J5 of M18 Motorway, Doncaster DN8 5GS
Doncaster, DN8 5GS
Investment Summary
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Prime new build drive thru unit with EV charging in Doncaster, South Yorkshire
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Located adjacent to Doncaster North Services at Junction 5 of the M18 Motorway
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Situated within Unity, a new build mixed-use development by Waystone and Hargreaves Land
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The property comprises a new build drive thru unit with EV charging capacity
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New build drive thru unit of c.1,800 sq ft
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Drive thru let to Starbucks Coffee Company (UK) Ltd
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Fully repairing and insuring lease for a term of 20 years from Practical Completion
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Initial rent of £115,000 (c.£63.88 psf)
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Rent to be reviewed five yearly to RPI annually compounded (1-3% cap and collar)
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A total of 6 x EV charging bays let to E.On Drive Infrastructure UK Limited (guaranteed by E.ON Drive Infrastructure GMBH) for a term of 20 years
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Initial rent of £20,000 per annum on 4 of the 6 bays with a further £10,000 per annum on the two remaining bays following installation
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Annual rent reviews to CPI (1-3% cap and collar)
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Total rental income of £135,000 per annum
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Practical completion due March 2026
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Freehold
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