Drive-thru investments

Sell My Commercial Property > Blog > Drive-thru investments

The commercial property market covers a large range of uses.  These include high street shops, restaurants, supermarkets, offices, warehouses, medical centres, hotels, banks, schools, car showrooms, off licences, dry cleaners and many more.  Some of these uses fall in and out of fashion with investors whilst other always remain popular.

Drive-thru investments have always been very popular amongst commercial property investors.  This sector has experiences huge growth over the years as existing companies expand and new companies enter the market.  We all know the likes of McDonald’s, Burger King, and KFC who can be seen on most high streets in most towns and cities throughout the UK and in some cases in small villages.  Drive-thrus are different in that they are much bigger than high street units and occupy large sites with parking.

Most of the drive-thru operators are substantial companies who trade well in good times and bad times.  People will always need to eat and the ‘fast food’ industry in the UK is growing year by year.  The first to open driv-thrus was McDonalds’s in the mid 1980’s and having seen how successful this was, others soon followed.  Drive-thrus can be seen on most motorways and dual carriage ways and are rapidly springing up on edge of town and city centre locations.  In addition to the above, other common operators include Krispy Kremes, Wendy’s, Taco Bell, Starbucks, Tim Hortons and Popeye’s Chicken, Greggs and Costa Coffee.

Another reason for the growing popularity of drive-thrus is they offer motorists of electric cars EV charging points and some even have ATM’s.  The key words here are convenience and speed.  Fast food, convenient EV charging points and a quick and convenient way to withdraw cash.

As a result of these fast food companies doing well, property investors fight amongst themselves to buy properties let and occupied by drive-thrus.  These operators take very long leases, pay big rents and are willing to agree attractive rent reviews clauses.  Further, they always pay their rent on time and rarely if ever go bust.

Demand for drive-thrus increased by around 25% after Covid reached our shores and shows no signs of slowing down.  There are currently just under 3,000 drive-thrus in the UK and many of these companies are continuing to expand.  As they continue to expand, property investors will continue to buy land and develop drive-thrus and the investment market for this type of property compared to others will continue to remain fairly strong.

We at Sell My Commercial Property are keen to buy more drive-thrus and can complete the purchase fast.  Fill in our quick and simple Property Information Form and we will make you a cash offer within 24 hours.

If you need help to sell your commercial property, please get in touch with us today. 

You can submit our online contact form for a rapid response or call us free on 0800 689 0888