SRA Ventures is pleased to announce the successful acquisition of a purpose-built KFC drive-through restaurant located at Westway Retail Park in Arbroath. This latest investment adds another high-performing commercial asset to our growing national portfolio and reinforces our strategy of acquiring long-income, tenant-secure properties in strong retail and roadside locations.
The unit is strategically positioned within Westway Retail Park, one of Arbroath’s busiest retail destinations. This established park benefits from excellent visibility and access, drawing consistent footfall and vehicle traffic. The surrounding tenant mix includes major national retailers and food operators, creating a well-balanced, high-traffic commercial environment that supports consistent customer engagement.
The asset itself is a modern, standalone drive-through restaurant, constructed to a high specification and designed to meet the operational needs of one of the world’s most recognisable fast-food brands. The property includes dedicated customer parking, high-quality branding, and full accessibility features. Its layout and configuration are optimised for throughput and efficiency, making it a valuable operational site for its current occupier.
The drive-through is currently leased to Clokken Limited, with a full corporate guarantee from Kentucky Fried Chicken (Great Britain) Limited. KFC is a globally recognised name and one of the top-performing food chains in the UK, with a net worth in excess of £330 million. The lease agreement runs through to 2041, providing over 15 years of unbroken income. Importantly, there are no break clauses in the lease, ensuring long-term security of tenure.
The investment offers a net initial yield of 7.7 percent, supported by fixed rental increases every five years. This structured uplift arrangement not only ensures predictable income growth but also provides a natural inflation hedge over the duration of the lease. Such terms make this asset particularly well-aligned with SRA Ventures’ investment objectives: stable, long-term returns backed by strong covenants and strategic real estate positioning.
Shaf Rasul, director of SRA Ventures, commented on the acquisition:
“This deal reflects our focus on acquiring high-quality, income-generating assets in locations with strong fundamentals. Arbroath is a thriving town with a growing population and Westway Retail Park is a well-established destination with excellent transport links and steady footfall. KFC is a blue-chip tenant with strong financials, and this lease structure provides us with both long-term security and rental growth.”
The acquisition also highlights the increasing appeal of drive-through assets within the commercial property sector. Consumer preferences have shifted markedly in recent years, with convenience-led formats like drive-throughs seeing sustained demand. Operators continue to prioritise sites that offer operational efficiency and customer accessibility, both of which are well demonstrated by this asset.
From an investment standpoint, the Arbroath acquisition represents a continuation of SRA Ventures’ broader strategy to build a resilient and diversified commercial portfolio across Scotland and the wider UK. By targeting properties with robust tenant profiles, high visibility, and long lease durations, we aim to deliver consistent value and dependable returns across multiple market cycles.
SRA Ventures remains active in the market and continues to explore further acquisitions that fit this investment thesis. More announcements are expected in the coming months as we expand our footprint and pursue additional long-income opportunities across the country.
