Strategic location within one of the most affluent areas of the UK
Prime car dealership developed in 2011
Substantial property totalling 14,727 sq ft
Let to Rybrook Ltd, guaranteed by Rybrook Holdings Ltd, until 27 November 2036
Five yearly upward only rent reviews fixed to 2.5% per annum compounded
D&B rating of A-92, indicating ‘Very Low Risk’
Freehold
Current Income: £356,335 per annum
Price: £5,000,000 subject to contract and exclusive of VAT
Net Initial Yield: 6.7%
The fixed increases within the leases will provide the following yield profile:
2028: £403,161 pa - 7.6%
2033: £456,140 pa - 8.6%
Contact Giles Cooper or joint agents Rose Realty
