Hot Bidding on Starbucks

April 12, 2018
Starbucks Blackburn

FG Burnett is delighted to have acted on the sale of the Starbucks Drive Thru investment at Westpark, Blackburn, on behalf of South Fornet Estates. The coffee giant opened at Blackburn at the end of 2017 and the concept is proving extremely popular – the high profile roundabout location on the A96 has been a huge hit.

Dave Macleod of FG Burnett acted on behalf of South Fornet Estates and said “We had 8 bids at the closing date from investors across the UK, testimony to their belief in a sector which is growing quickly, both in terms of existing operators and new entrants. The combination of international tenants and long leases is a compelling one for private investors and the strength of the bidding reflected that. Our client has two further development sites available at Westpark and we believe that these will prove attractive to complementary uses.”

Eric Young and Co advised a private client on the acquisition.

FG Burnett FG Burnett @FGBurnett On the market - Prime Union Street Aberdeen Retail Property. 5,676 sq.ft of ground floor sales area. Please conta… https://t.co/jf47qpVYHl 6 hours ago
FG Burnett FG Burnett @FGBurnett We are delighted to introduce to the market a high yielding investment opportunity - The Toll Clock Shopping Centre… https://t.co/AjSTdTCsLt 11 hours ago
FG Burnett FG Burnett @FGBurnett Great article by @KeithFindlay1 in today's @pressjournal on an exciting investment opportunity in Lerwick that we'v… https://t.co/5wrwBevCmg 12 hours ago
FG Burnett FG Burnett @FGBurnett Happy #LeftHandersDay2018 to all the creative geniuses out there!! https://t.co/QJGHFMWxOr 3 days ago
FG Burnett FG Burnett @FGBurnett RT @spirit_energy: Ever wondered what life is like #offshore on a #NorthSea platform? Thanks to the first ever Streetview of an #oilandgas 6 days ago
FG Burnett FG Burnett @FGBurnett Unit 5 Kingshill Commercial Park is nearing completion. Available September, 900-2700 sq ft To Let for open/retail… https://t.co/wzEq7EAsRX 7 days ago
FG Burnett FG Burnett @FGBurnett Many thanks to @ScarfScotland and @AOilcats for a fantastic evening. We had a lot of fun and didn't even notice t… https://t.co/BFeVeZGzI5 1 week ago
FG Burnett FG Burnett @FGBurnett RT @Wellgateshop: Xercise4less opened today! https://t.co/6wi6m24pwn 2 weeks ago
FG Burnett FG Burnett @FGBurnett Great to see that Exercise4Less opened today at @Wellgateshop. Wishing them every success in their new location.… https://t.co/Y8ESfJb8UN 2 weeks ago
FG Burnett FG Burnett @FGBurnett We've seen Japanese Knotweed a few times when on survey but we don't often come across Giant Hogweed - worth keepin… https://t.co/cYFtIq0K0O 2 weeks ago
FG Burnett FG Burnett @FGBurnett Just on the market - Fantastic west end development opportunity. Please contact Graeme Nisbet on 01224 572661 for… https://t.co/DT6ptUvITD 3 weeks ago