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Somerby Way, Somerby Park, Gainsborough, DN21 1QT

Offers in Excess of
£1,395,000

£755.69 per sq ft

Business rates & charges may apply

Northcap, Leeds
SIZE AVAILABLE

1,846 sq ft

171 sq m

SECTOR

Commercial property for sale

Key features

  • 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
  • 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%

Description

The property comprises a brand-new, purpose-built, stand-alone, Starbucks Drive-Thru restaurant of 1,846 sq ft. The property is constructed with a mix of composite panels, timber cladding and a large glazed frontage underneath a flat roof.

Internally the unit is currently being fitted out in the Starbucks corporate style and will have contemporary customer seating and restroom areas. In addition to this there are staff offices and associated welfare and storage areas. Externally the property has tarmacked car parking spaces, including EV charging bays, a drive thru lane and prominent signage. Sustainability is a key focus of Starbucks’ construction approach, with the property incorporating environmentally friendly materials, water-saving fixtures, and energy efficient design elements. The building has 30 roof mounted PV Panels.

The property has an EPC rating of A.

Gainsborough is a thriving Lincolnshire market town, positioned along the River Trent, and is the administrative centre for West Lindsey District Council.

The town has good access to the motorway network with the A631 leading to the A1(M) and M18 to the west and the M180 to the north.
Rail services link into the East Coast Mainline providing services to London KX, Leeds, York and Hull via Retford and Doncaster. Major businesses located in the town include PING, EMINOX, Meditrade and Regal Manufacturing.

Brochures

Somerby Way, Somerby Park, Gainsborough, DN21 1QT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gainsborough Central Station0.9 miles
  • Gainsborough Lea Road Station1.2 miles

About Northcap, Leeds

New Station Street, Leeds, LS1 4JB

The NorthCap vision is simple, firstly, to provide honest, market leading advice to our clients with no compromise on customer service.

Notes

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Disclaimer - Property reference 296075-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northcap, Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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