Drive Thru Retail Investment Acquired in Hampshire

5th Jun 2019 | Agency

Primmer Olds B.A.S Investment team have just completed on an off-market acquisition for a London based private investment company. The deal provides 11 years of unbroken income with 2 further rent reviews to strong covenant t/a Burger King. Our Senior Survey, Tom George comments, “we were delighted to have agreed a deal before the property was released to the open market and move the transaction forward to a swift exchange and completion”. 

With the current uncertainty surrounding high street retail, some profile of buyers are looking for secure income streams that provide a good return with alternative use/re-development prospects in the longer term. There has been an expansion in the Drive Thru and roadside retail market in recent years.

If you or your client have similar properties and want to work with reliable cash purchasers then please get in touch with Tom George (tgeorge@primmeroldsbas.co.uk)  or Duane Walker (dwalker@primmeroldsbas.co.uk) on 02380 222292.

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