Petrol Filling Station Investment Opportunity

• 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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