Costa Drive Thru
Lichfield South Birmingham Road
WS14 0QP

Freehold Purpose Built Drive-Thru Investment Constructed in 2016

  • Let to Costa Limited for 15 years from 2016 until 2031 (NO BREAKS)
  • Rent Reviews based on CPI with minimum uplifts in 2021 to £60,958.58 and in 2026 to £64,068.08 (2)
  • Excellent access to road communications
  • Established office and leisure park
  • Nearby occupiers include David Lloyd Health Club, Holiday Inn Express, Frankie & Benny's, McDonald’s and a number of National HQ office occupiers
  • Lot
  • Auction
  • Rent
    £58,000 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • Costa Drive Thru<br>Lichfield South Birmingham Road<br>Lichfield<br>Staffordshire<br>WS14 0QP
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Property Information

2 miles south of Lichfield, 6 miles Sutton Coldfield, 8 miles north-east of Tamworth, 13 miles north of Birmingham
A5, A38, M6 Toll Road
Lichfield City and Lichfield Trent Valley Railway Stations
Birmingham International Airport

The property is situated on the well established Lichfield South Business Park, comprising 23 acres, which lies approximately 2 miles south of Lichfield City Centre on the main road to Birmingham. Lichfield South Business Park is well located for the A5 and Junction T5 of the M6 Toll Road. Adjacent occupiers include Holiday Inn Express, David Lloyd Health Club, Frankie and Benny's and McDonald’s, together with National HQ office occupiers, Voyage Care, Dimension Data and Ascom. The property benefits from the adjacent shared 142 car parking spaces.
Please see -




The property, built in 2016, comprises a modern purpose built, single storey drive-thru with indoor and outdoor seating areas. The property includes 13 car parking spaces.


VAT is applicable to this lot.

Completion Period

Six Week Completion

Bidder's Legal Report

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Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews/(Reversion)
167 sq m
(1,800 sq ft)
15 years from 30/09/2016
on a full repairing and
insuring lease
£58,0002021 & 2026
167 sq m
(1,800 sq ft)

(1) Costa Limited has 1,500 stores in the UK and is part of Whitbread Plc (Source: For the year ending 3rd March 2016, Costa Limited reported a turnover of £835,037,000, pre-tax profits of £117,498,000 and a total net worth of £542,180,000 (Source: Experian Group 3/11/2017).
(2) The Rent Review provisions are based on the Consumer Price Index growth with a minimum of 1% per annum and a maximum of 3% per annum, this allows for minimum increases in 2021 to £60,958.58 p.a and (subject to the 2021 rent review) a minimum increase in 2026 to £64,068.08 p.a.

Property Documents

  • Catalogue Page
    Updated Date
    File Size
    841 KB
    View PDF
  • Site Plan
    Updated Date
    File Size
    871 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF


Will MooreWill Moore +44 (0)20 7034 4858 +44 (0)7899 877
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833
Seller's Solicitors
Shoosmiths LLP 2 Colmore Square, 38 Queensway
B4 6BJ
Alex Jones 03700 864

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