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Express Interest in this Property

KFC, Accrington


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Basic Facts

Status: Type: Gross Rent: £ 53,250 Lease Term: 25 years from 28/11/00. FR&I.
Area: 2618 sq ft VAT applicable: Yes

Property Description

The property comprises a modern drive thru restaurant arranged on ground and first floor with extensive car parking within landscaped surroundings.

Location: Accrington has a population of 36,500 located 14 miles east of preston and 5 miles west of Burnley. The town is seved well by the M65 and the A56. The property is situated about a 3/4 mile from the town centre on the A679 (Hyndburn Road) which is one of the principal arterial routes leading to the M65 from Accrington. The surrounding area is mixed commercial and residential, and is located close to a Lidl supermarket.

Tenant: Kentucky Fried Chicken (Great Britain) Ltd. For the year ended 12/05 the tenant reported a turnover of £259m, pre-tax profits of £17.2m and a net worth of £31.9m.

Rent Review: 5 yearly. Next in 2010.

 

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