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July 2017

McDonald’s Drive Thru, Kingston Shopping Centre, Holderness Road, Hull, HU9 2AA

Untitled

The property is prominently located on Holderness Road on the edge of Hull town centre and forms part of the Kingston Shopping Centre.  The property comprises a modern McDonald’s Drive Thru restaurant with a 24 hour licence.  The property is let to McDonald’s Restaurants Ltd for over 7 years at a rent of £74,640 per annum (low rent of £24.00 per sq.ft).  Offers sought in excess of £1,280,000 which reflects a net initial yield of 5.50%.

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