• Prime petrol filling station investment
• Excellent location on the A41 (Wolverhampton to Bilston) to the front of the City of Wolverhampton College (4,500 students)
• Well-presented unit with Morrisons branded store and Texaco fuel livery
• 4,703 sq ft (inclusive of car wash) with 4 pump stations providing 24 nozzles
• Freehold site of 0.72 acres
• Adjacent to a very large sixth form college and on an arterial route
• Let to Rontec Properties (No.4) Limited
• Parent guarantee from Rontec Roadside Retail Limited (Dun & Bradstreet 5A2 rating)
• Lease expiring 17th October 2038 (19.2 years unexpired)
• Current topped up rent of £111,843 per annum (re-based from previous passing at £163,345 per annum)
• Uplift to £114,079.86 in March 2021, then annually received 2% fixed uplifts to term end
• Offers in excess of £2,000,000 (STC)
• 5.26% NIY, 5.36% RY in March 2021, 7.51% RY in March 2038
• Investment value supported by vacant possession value
