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

Doncaster, DN8 5GS

Sold

Price £2,210,000

Rent (pa) £135,000

Yield 5.75%

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 (£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 full installation
Annual rent reviews to CPI (1-3% cap and collar)
Total rental income of £135,000 per annum
Practical completion reached April 2026
Freehold