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McDonalds, Wolverhampton

50 Dudley Road, Wolverhampton, UK

Basic Facts

Property ID: 17872 Post Updated: 2023-12-05 16:57:13
Status: Type:
Tenure: Freehold Area: 10462 sq ft
Gross Rent: £ 210,000 Lease Term Expiry Date: 01/05/36
Years left on Lease: 11.9 VAT applicable: Yes

Property Description

  • Freehold restaurant investment of 10,462 sq ft over ground & 1st floor

  • Let to McDonalds Restaurants Ltd (£1.5 Billion turnover)

  • Whole property is let to McDonalds Restaurants Ltd on a FRI basis expiring May 2036. Tenant break option in 8 years.

  • Current Rent is £165k – fixed increase to £210k per annum in Dec 2023 (rent will be topped up so you receive £20k from completion).

  • Property is located on the busy pedestrianised high street of Wolverhampton

  • Walsall has a population of 210,000 whilst the borough is 274,000 and over 3.4 million people in the west midlands conurbation

  • VAT Applicable – TOGC will not be applicable but recoverable if buying with a VAT registered company.


 

Features

£1m - £5m
Attractive property
Blue-chip tenant

View on Map

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