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%.

More information

Contact Us

Property single

Team members

Partner & Head of Commercial – Commercial

Martin Carey

Associate Partner – Commercial

Rebecca Harper

Partner – Commercial

Rick Mcintosh-Whyte

Where to find this property

275,
Streatham High Road,
London
SW16 3NN