Aylesbury update-01

Status: Available

Terms: For Sale

Price: £12,220,000

Yield: 5.75%

Aesop Business Park, Aesop Road, Aylesbury HP22 5XX

  • Rare opportunity to acquire a freehold flagship Jaguar Land Rover dealership located in a highly strategic location serving an affluent market territory
  • Brand new, state-of-the-art car dealership, opened Dec 2019, fully future proofed for both brands
  • Sale and leaseback from a top three dealer network group, Bolling Investments Ltd, a wholly owned subsidiary of Lookers plc
  • New 20-year lease from completion of the sale, with attractive 5 yearly rent reviews linked to the Retail Price Index (RPI), collared and capped at 1% and 3% per annum
  • Initial passing rent of £750,000 p.a (£14.77 psf)
  • Purpose built dealership comprising a total GIA of 50,795 sq ft (4,719 sq m)
  • Future proofed for the rise of the electric car market with EV chargers throughout the site
  • Expansive site covering 5.62 acres (2.27 hectares) with a low site density of 17%.
  • Unquestionably an essential facility and long-term home for JLR
  • Freehold

Prime Dealership Investment Opportunity

Unit 1, 41 Aston Clinton Rd, College Rd N, Aston Clinton, Aylesbury HP22 5EZ, UK
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