Holt Commercial enjoys continued success in strong coffee market
19/09/2023
Holt Commercial has achieved further success in the drive thru market.
David Allen, Director of Holt Commercial, acted for Tansor Ziran Projects in the sale of a Costa drive thru on Hedon Road in Hull to a private pension fund client of Graham +Sibbald. AP Investment acted jointly for the purchaser.
Costa has taken a 15 year lease with five yearly RPI reviews on the property which was developed by Tansor Ziran Projects together with a BP Pulse EV Charging Hub which it has retained. The site is situated next to an existing Lidl.
David Allen said “The drive thru market still remains strong, although not without its challenges, and this is the latest in a string of investment deals we have concluded.”