Investment Streatham PFS
Investment Streatham PFS 3
Investment Streatham PFS 2
Investment Streatham PFS 4

Status: Under Offer

Terms: For Sale

Price: £2,650,000

Yield: 4.25%

275 Streatham High Road, London SW16 3NN

  • Strong south-west London location within an extensive catchment
  • Purpose built petrol filling station and forecourt convenience store with dedicated parking
  • Freehold
  • Let to Rochpion Properties (4) LLP, guaranteed by Co-operative Group Food Limited, and sublet to Petrogas Group UK Ltd trading as the nationwide brand Applegreen
  • Low passing rent of £119,782 per annum
  • Annual fixed 2% rental uplifts
  • Approximately 5 years unexpired
  • Future alternative use and redevelopment potential (STPP)

We are instructed to seek offers in excess of £2,650,000 (Two Million, Six Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 4.25%, assuming purchaser’s costs of 6.4%.

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