drivethru Archives - Ediston

Coatbridge development to commence

By | News
Ediston, on behalf of the Ediston Property Investment Company plc has started construction on the development of two drive thru units at Coatbridge, Glasgow. The units, which extend to 1,800 and 2,750 sq. ft., have been pre-let to Costa Coffee and Burger King. Costa has signed a 15-year lease with a 10-year break option, whilst Burger King has signed a 20-year lease. On completion the units will provide a combined rental income of £160,000 per annum and deliver a return on the additional capital employed of c. 8.0% per annum.
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