We are pleased to launch this portfolio of three petrol station investments located in Bristol, Newcastle-under-Lyme and Peterborough, with fixed rental increases.
Located in affluent areas on major arterial routes with excellent roadside prominence.
Let to or guaranteed by the excellent covenants of Rontec Properties (No. 4) Limited, Rontec Roadside Retail Limited, Co-operative Foodstores Limited and Co-operative Group Food Limited
WAULT of approximately 15.69 years to expiry and 12.60 years to breaks
Total GIA 10,404 sq ft (966.5 sq m)
Total site area 3.95 acres (1.6 hectares)
Current rental income of £590,078 per annum
We are seeking offers in excess of £10,500,000, subject to contract and exclusive of VAT
A purchase as this level reflects a Net Initial Yield of 5.26%,
Available as a portfolio or on an individual basis.
Contact: Sammy Whittaker, Ben Rose or Giles Cooper
