KFC, Accrington

 

Offers in excess of
N/A
Sold
Type - Commercial
Tenant type - Restaurant

Property Description

Address: KFC Drive Thru, Hyndburn Road
City: Accrington
County: Lancashire
Country: England
Post Code: BB5 4EQ
Status: Available

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.
Description: The property comprises a modern drive thru restaurant arranged on ground and first floor with extensive car parking within landscaped surroundings.
Accomodation (Sq Ft): Ground – 2,618. First – 215.
Tenure: Freehold
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.
Term: 25 years from 28/11/00. FR&I.
Rent Review: 5 yearly. Next in 2010.

VAT: Yes
Annual Rent: £53,250

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