Edwards & Co Acquire Costa Coffee Drive-Thru in Bradford

Published 30th May 2019

Acting on behalf of Private Clients, Edwards & Co have acquired a newbuild Drive-Thru let to Costa Coffee on a 15-year lease, subject to 5 yearly rent reviews at open market value and subject to a 1% pa collar and 3% pa cap.

The property will produce an annual rental income of £62,000 and was acquired for £1,171,500, reflecting a Net Initial Yield of 5%.

For further information, contact Martin Hamer.

Property search

More investment case studies

Health Centre in Bolton Acquired for £8m

1 month ago
Edwards & Co advised PHP PLC on the acquisition of Waters Meeting Health Centre in Bolton.This modern property is fully...
Read more

Industrial Unit in Bolton Acquired for £1,510,000

4 months ago
Edwards & Co acquired The Print Hub on Wingates Industrial Estate in Bolton for private clients.The well specified unit...
Read more