Starbucks Drive-Thru
Land North of Edenhouse Avenue, Old Malton, North Yorkshire YO17 6AE
Summary
- Alexander James acted on behalf of a Starbucks franchisee in relation to identifying, negotiating and securing the letting of a new 1,800 sq ft coffee drive-thru
- The property formed part of a roadside retail development where co-locators included a McDonalds drive-thru restaurant and a fuel filling station
- The headline lease terms agreed were a new 15 year FRI lease at an initial rent of £120,000 per annum with 5 yearly CPI rent reviews subject to a collar and cap of 1% per annum compounded and 3% per annum compounded respectively
- For further information contact Richard Syers