Texaco, Portway, Frome, Somerset, BA11
£654.56 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,368 sq ft
220 sq m
- SECTOR
Petrol station for sale
- USE CLASSUse class orders: Sui Generis
sui_generis_3
Key features
- Comprises Texaco branded fuel filling station, convenience store and automatic car wash
- Let until October 2034 (No Breaks). Fixed rental increase to £104,277 p.a. in October 2029.
Description
Gross Initial Yield: 5.95%
Rental Income: £92,166 p.a.
VAT is applicable to this property. TOGC available.
Let until October 2034 (No Breaks). Fixed rental increase to £104,277 p.a. in October 2029.
Comprises Texaco branded fuel filling station, convenience store and automatic car wash
Situated next to Frome Train Station, with occupiers nearby including B&M, B&Q, Lidl and more.
Property Description:
Comprises Texaco branded fuel filling station with 4x4 pumps, convenience store and automatic car wash on a plot of 0.55 acres, providing the following accommodation and dimensions:
Convenience Store: 220 sq m (2,368 sq ft)
Open plan retail, offices, storage, kitchen, wc
Tenancy:
The property is at present let to WS Retail Limited for a term of 20 years from 30th October 2014 at a current rent of £92,166.09* p.a. and the lease contains full repairing and insuring covenants. Fixed increase to £104,277.47 p.a. on 30.10.2029 until the remainder of the lease. No breaks.
* The current rent reserved is £81,460 p.a. which rises to £92,166.09 p.a. on the 30.10.2024, the vendor will "top up" the rent by way of allowance such that the purchaser in effect receives £92,166.09 p.a. from completion.
Location:
Frome is a town and civil parish in eastern Somerset, England and lies about 13 miles south of the City of Bath, with the market towns of both Westbury and Warminster sitting 6.5 miles to the East. The property is situated in the town centre next to Frome Train Station, with occupiers nearby including B&M, B&Q, Lidl and more.
Brochures
Texaco, Portway, Frome, Somerset, BA11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Frome Station0.1 miles
- Dilton Marsh Station4.8 miles
- Westbury Station5.6 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
Disclaimer - Property reference frometexaco. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.