Property overview

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%