Brand New 20 Year Lease With CPI Increases And No Breaks

Summary

• A drive thru unit located within the Peel Centre approximately 1 mile south of Gloucester City Centre.
• Extremely strong drive thru location with the centre receiving 2.1 million annual visitors and a wider surrounding catchment of 384,000 people and strong daily traffic flow.
• Let to The Magic Bean Co (T/A Starbucks) on a brand new 20 year lease.
• Unit is in the top 10% of stores.
• Rent reviewed to CPI compounded 5 yearly with a collar and cap of 1% and 4%.
• Virtual freehold.
• GIA of approximately 1,840 sq ft