Property Detail

Coffeehouse STARBUCKS COFFEE in Central London for Sale, Lease Agreement Ends 2028

Coffeehouse STARBUCKS COFFEE in Central London for Sale, Lease Agreement Ends 2028

Property type: coffeehouse
Purchase of established rental business

Tenure: 999-year virtual freehold

Location: Central London, UK

Lettable area: ca. 150 m2

Anchor tenant: Starbucks Coffee

Occupancy: 100%

Lease Agreement ends: 2028
Possibility of renewal: YES
Rent Review: YES

Full Repair and Insure Lease (FRI lease):
• tenant is responsible for all operating expenses including land tax, building insurance, minor repairs, potential renovation of the entire building, etc.

Purchase price: 1,075,000 GBP
(+ closing costs)

Rental Income: 45,500 GBP per annum
(+ indexation linked to inflation)

Net Yield: 4.0%

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http://www.brantstone.com/property/starbucks-real-estate-for-sale-in-london-uk-02023791 02023791 Coffeehouse STARBUCKS COFFEE in Central London for Sale, Lease Agreement Ends 2028