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 Whilst on survey one of our #BuildingSurveyors saw some roofing felt on a not so flat roof. Begs the question what… https://t.co/E9Y07jRVvk 3 days ago
FG Burnett FG Burnett @FGBurnett See today's @pressjournal for details of some of the properties we are currently marketing. For more info or to vie… https://t.co/ZsL29KI7Hi 3 days ago
FG Burnett FG Burnett @FGBurnett A slightly different desk today for @RichardNobleFGB, helping out at The 123rd Amateur at Royal Aberdeen & Murcar L… https://t.co/GxTVZgBRXo 6 days ago
FG Burnett FG Burnett @FGBurnett "To date I've donated in excess of 70 pints of blood." We think that's pretty amazing, @GraemeWattFGB !!… https://t.co/1RhARNVq39 1 week ago
FG Burnett FG Burnett @FGBurnett We're supporting @givebloodscot #missingtype campaign. Blood stocks are generally lower over the summer months. P… https://t.co/tLYOgCLYKe 1 week ago
FG Burnett FG Burnett @FGBurnett We still have cakes left from our charity coffee morning in support of #LandAid. If you're in the area, please fee… https://t.co/XxfJAeHxfl 1 week ago
FG Burnett FG Burnett @FGBurnett All set for our office coffee & cakes in support of @RICSScotland #pledge150 https://t.co/d30eBLOv2S 1 week ago
FG Burnett FG Burnett @FGBurnett @AypGroup @MHAberdeen @maggiesaberdeen @AYPBall Fantastic news!! We were delighted to support the event. 1 week ago
FG Burnett FG Burnett @FGBurnett RT @AypGroup: The recent annual AYP Ball successfully raised £1,500 which has been split evenly between nominated charities, @MHAberdeen an… 1 week ago
FG Burnett FG Burnett @FGBurnett Great coverage by @KeithFindlay1 in today's @pressjournal regarding the next phase in the development of the city's… https://t.co/KqfUNpAM0O 1 week ago
FG Burnett FG Burnett @FGBurnett RT @RichardNobleFGB: That’s our new IIP Silver accreditation plaque in place. Huge thanks to the FGB team! https://t.co/zzNmvZsivn 2 weeks ago
FG Burnett FG Burnett @FGBurnett Dundee waterfront dominated by the impressive V&A. Not long until the historic opening!! #DundeeWaterfronthttps://t.co/TqxOpZtrS9 2 weeks ago