Starbucks, Unity - J5 of M18 Motorway, Doncaster DN8 5GS

Doncaster, DN8 5GS

Available
Starbucks, Unity - J5 of M18 Motorway, Doncaster DN8 5GS
Price £2,310,000
Rent (pa) £135,000
Yield 5.5%

Investment Summary

  • Prime new build drive thru unit with EV charging in Doncaster, South Yorkshire

  • Located adjacent to Doncaster North Services at Junction 5 of the M18 Motorway

  • Situated within Unity, a new build mixed-use development by Waystone and Hargreaves Land

  • The property comprises a new build drive thru unit with EV charging capacity

  • New build drive thru unit of c.1,800 sq ft

  • Drive thru let to Starbucks Coffee Company (UK) Ltd

  • Fully repairing and insuring lease for a term of 20 years from Practical Completion

  • Initial rent of £115,000 (c.£63.88 psf)

  • Rent to be reviewed five yearly to RPI annually compounded (1-3% cap and collar)

  • 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

  • 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

  • Annual rent reviews to CPI (1-3% cap and collar)

  • Total rental income of £135,000 per annum

  • Practical completion due March 2026

  • Freehold

Town Doncaster
Postcode DN8 5GS
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