Starbucks, Somerby Way, Gainsborough DN21 1QT
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£1,395,000
Apr 2025
- Private investor opportunity
- New unbroken 15 year lease
- Low commencing rental of £85,000 pa
- Prominent location adjacent to the A631
- EPC A
- Let to KBeverage Limited T/A Starbucks
- Five yearly rent reviews to OMV with a collar & cap of 1% & 3% pa compounded annually
- Virtual freehold
- Seeking offers in excess of £1,395,000
- A purchase at this level reflects an initial yield of 5.75% subject to purchaser’s costs of 5.8%