Battersea_investment

Status: Available

Terms: For Sale

Price: Offers Invited

Yield: -

92 York Road, Battersea SW11 3RD

  • State of the art, recently developed flagship car dealership
  • VW have been trading from this location for over 60 years and comprises a key territory for the brand
  • Exceptionally well located in Battersea, a densely populated and affluent London borough
  • Prominently located fronting York Road
  • Dealership of approximately 95,000 sq ft arranged over ground, first and second floors and 173 flats above developed by Linden Homes (part of Galliford Try plc), sold off on a long lease
  • The property will be let to Bolling Investments Ltd for a term of 20 years with 5 yearly rent reviews linked to RPI with a collar and cap of 1% and 3% pa
  • Bolling Investments Ltd, part of Lookers plc is the second largest dealership group by turnover in the UK
  • The initial passing rent will be £1,250,000 pa which equates to a low rent psf of c.£13.15
  • Freehold

Flagship Car Dealership Investment with RPI Linked Uplifts

92 York Rd, Battersea, London SW11 3RD, UK
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