Automotive & Roadside
Under Offer
Petrol Filling Station Investment Opportunity
275 Streatham High Road, London, SW16 3NN
For Sale
Terms
4.25%%
Yield

- 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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Where to find this property
275,
Streatham High Road,
London
SW16 3NN