The property comprises a petrol filling station and car showroom with workshop facilities
Extends to 16,432 sq ft on a site of 0.352 ha (0.87 acre) with 46 car parking spaces
Superb underlying trading performance
Freehold
Let to A.F. Blakemore & Son Ltd (D&B Rating: 5A1) with an annual turnover of circa £1.3bn
A new 20-year FRI lease (Schedule of Condition) at an initial ground rent of just £55,000 per annum
Blakemore undertaking a full refurbishment of the PFS, hence ground rent style income
Five yearly Retail Price Index (RPI) rent review subject to a collar and cap of 1% and 3% pa
Instructed to seek offers in excess of £950,000 (STC)
Reflecting a 5.48% NIY
