Citrus Group has put a prime freehold reversionary drive-thru investment opportunity at Junction 61 of the A1(M) in Durham up for sale with a price tag of £3,670,000.
Drive-Thrus @ Integra 61 comprises 3,710 sq ft of ground floor accommodation, including two standalone drive-thru units currently occupied by Costa and Greggs, plus 19 EV charging spaces let to Tesla.
The asset has an average unexpired lease term of 16 years and generates a total net passing rent of £224,933 per annum. The site is part of a much larger flagship mixed-use development known as Integra 61, which is nearing completion.
George Trimmer, associate director in the investment team at Savills, which has been appointed to market the opportunity, said: “This property provides the chance to acquire a highly reversionary drive-thru investment opportunity in an excellent roadside location. Given the high calibre of the existing occupiers and its position within a much larger established scheme, we expect to receive considerable interest from those looking to generate strong returns within the increasingly popular automotive and roadside sector.”
