Lichfield
A Birmingham-based property company’s appetite for growth has seen it spend £1.55m for a McDonald’s.
In a deal brokered by King Sturge on behalf of overseas clients of Pebworth Property Management, Lingfield Assets LLP (part of the Lingfield Group of Companies) has secured the freehold of

McDonald’s drive-thru restaurant located at Wall Island, Lichfield.
The 3,290 sq ft retail premises command an annual rental of £64,000. The sale resulted in an initial yield of 3.98%.
Lingfield Assets LLP, which is based in Birmingham, was represented by GBR Property Consultants.