Let to BKUK Flame Ltd, trading as Burger King, with 11 years unexpired on the lease, the Drive Thru is located adjacent to Studlands Retail Park, which The Hathaway Opportunity Fund already holds in its property investment portfolio.

Jonathan Butcher, Senior Asset Manager at Cube, says: “The acquisition of this investment extends our ownership in the area, adding to the offer at Studlands Retail Park which remains fully let following the recent additions of The Range and Tapi Carpets to this thriving retail destination.”

The recent changes to the park include the assignment of the existing Homebase lease to CDS Superstores (International) Limited, which has taken the retail unit to trade as The Range. Tapi Carpets have also assigned Carpetright’s former unit and are now open and trading following refurbishment works.

Other occupiers at Studlands Retail Park include Halfords, Pets at Homes, Costa Coffee and Tesla which leases the EV charging points.

Jonathan Butcher, Senior Asset Manager at Cube, says: “These two new tenants at Studlands Retail Park add perfectly to the existing offer. And with the new, adjacent housing development coming to fruition, footfall will continue to increase at the scheme which is fully let across the five units.”

HRH Retail advised the vendor on the sale of the Burger King Drive Thru. Cube RE was represented by Morgan Williams.