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KFC New Road Side 2,592 sq ft 100% Let Retail Property Leeds LS18 4DY £950,000 (£366.51/sq ft)
Investment Highlights
- Long income drive-thru investment opportunity
- Let to Alderforce North Limited trading as KFC until June 2040, with a Dun and Bradstreet covenant rating of 3A2
- Trading as a KFC since May 2010
- Modern ground floor restaurant in prominent roadside position
- Guaranteed by Marsdens Caterers of Sheffield Limited, with a Dun and Bradstreet covenant rating of 4A1
- Passing rent of £69,110 per annum reflecting a modest £26.66 psf
Executive Summary
The property comprises a modern purpose-built fast-food restaurant, fitted out for use as a KFC. The design offers the option to dine-in or drive-thru. Internally there is customer seating, kitchen and back-ofhouse facilities, and externally the drive-thru is provided via a dedicated access to the east side of the property with an intercom and collection hatch. Externally the car park benefits from approx. 26 parking spaces. The property measures approx. 2,592 sq. ft. GIA.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Size
2,592 sq ft
Costar Property Class
B
Year Built
1980
Price
£950,000
Price per sq ft
£366.51
Occupancy Rate
100%
Number of Floors
1
Amenities
- Storage Space
- Smoke Detector
Nearby Major Retailers
1 of 8
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KFC | New Road Side
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