Let to Burger King Limited until July 2026 (no breaks)
Located on Crossways Business Park, the largest on the M25 and 5 minutes from Bluewater Shopping Centre
Prominently situated on the A206 just off the M25
Well configured drive-thru restaurant totalling 2,755 sq ft with car parking
Adjacent to Travelodge and Stone Crossing Railway Station
Lot 26
Auction 5th December 2018
Rent £82,650 per Annum Exclusive
Status Sold Post
Price
Sector Restaurant
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
12 miles east of Central London, 13 miles north-east of Bromley, 20 miles north-west of Maidstone
Roads
A206, M25 (Junction 1A), A2
Rail
Stone Crossing, Greenhithe and Ebbsfleet International Railway Stations
Air
London City Airport
Situation
The property is strategically located just off junction 1A of the M25 on Crossways Business Park, 2 miles from Dartford town centre. Crossways Business Park comprises over 3 million sq ft and is the largest business park on the M25. The property is prominently situated on the south side of the A206, a busy arterial route to the M25, adjacent to a Travelodge hotel with Stone Crossing Railway Station located immediately to the rear. Other nearby occupiers include Asda Distribution, Laing O’Rourke, The Co-operative Group, City Sprint, DHL, Yodel, Dunelm Home Delivery, Toolstation, Screwfix and Howdens. The major and hugely popular Bluewater Shopping Centre is just a 5 minute drive to the south, with Ebbsfleet International Railway Station just 3 miles to the east. Ebbsfleet International provides the HS1 link to London St Pancras and the international Eurostar service.
Tenure
Long Leasehold. Held for a term of 125 years expiring 15th December 2125 at an annual rent of a peppercorn (if demanded).
Location
Miles
12 miles east of Central London, 13 miles north-east of Bromley, 20 miles north-west of Maidstone
Roads
A206, M25 (Junction 1A), A2
Rail
Stone Crossing, Greenhithe and Ebbsfleet International Railway Stations
Air
London City Airport
Situation
The property is strategically located just off junction 1A of the M25 on Crossways Business Park, 2 miles from Dartford town centre. Crossways Business Park comprises over 3 million sq ft and is the largest business park on the M25. The property is prominently situated on the south side of the A206, a busy arterial route to the M25, adjacent to a Travelodge hotel with Stone Crossing Railway Station located immediately to the rear. Other nearby occupiers include Asda Distribution, Laing O’Rourke, The Co-operative Group, City Sprint, DHL, Yodel, Dunelm Home Delivery, Toolstation, Screwfix and Howdens. The major and hugely popular Bluewater Shopping Centre is just a 5 minute drive to the south, with Ebbsfleet International Railway Station just 3 miles to the east. Ebbsfleet International provides the HS1 link to London St Pancras and the international Eurostar service.
Tenure
Long Leasehold. Held for a term of 125 years expiring 15th December 2125 at an annual rent of a peppercorn (if demanded).
Description
The property comprises a modern, purpose-built drive-thru restaurant which benefits from high prominence to the busy A206 and on-site car parking for 17 cars.
VAT
VAT is applicable to this lot.
EPC
Band D. See legal pack at acuitus.co.uk.
Description
The property comprises a modern, purpose-built drive-thru restaurant which benefits from high prominence to the busy A206 and on-site car parking for 17 cars.
VAT
VAT is applicable to this lot.
EPC
Band D. See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground
Restaurant/ Drive-Thru
255.94 sq m
(2,755 sq ft)
BURGER KING LIMITED (1) sublet to KFG Quickserve Limited (2) t/a Burger King
25 years from 12/07/2001 until 11/07/2026 on a full repairing and insuring lease
£82,650
12/07/2021
Total
255.94 sq m
(2,755 sq ft)
£82,650
(1) Burger King, founded in 1954, is the second largest fast food burger chain in the world, with over 15,750 outlets in 100 countries. More than 11 million customers worldwide visit Buger King restaurants every day. In the UK, Burger King has 700 outlets, almost exclusively operated under franchise agreements (www.burgerking.co.uk). (2) KFG Quickserve is part of the Kout Food Group which operates restaurant franchises in the UK under agreements with Burger King, Costa Coffee, Subway, KFC and Maison Blanc (www.kfg.jobs).
Contacts
Seller's Solicitors
Stephenson Harwood LLP 1 Finsbury Circus London EC2M 7SH
