London Road, Spalding, Lincolnshire, PE11
£385.37 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,098 sq ft
567 sq m
- SECTOR
Petrol station for sale
- USE CLASSUse class orders: Sui Generis
sui_generis_3
Key features
- Freehold Prime Service Station
- CPI-linked rent reviews
- 20-Year FRI lease
- The Site trades 24 hours a day
- a population of approximately 34,000 residents
Description
* Dense residential location
* Essar-branded re-fuelling forecourt with a Londis-branded shop
* Let to Essar Oil (UK) Limited (£268m net worth) on an FRI lease until March 2044
* Initial annual rent of £195,000 p.a.
* Benefitting from annual CPI 1%-3% uplifts AND a five-yearly review to market rental value (if higher)
* Site extends to approximately 0.14 acres
* The site trades 24 hours a day, seven days a week
* Globally the Essar Group has a net worth of $8 Billion
* Spalding is a popular market town and the county town of Rutland
* The town has a resident population of 34,000
Please contact us or our joint agents for further information.
Brochures
London Road, Spalding, Lincolnshire, PE11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Spalding Station0.9 miles
About Prideview Group, Middlesex
Prideview Place, 43 Church Road Stanmore HA7 4AA
The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.
We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.
We work closely with numerous propcos, traders, agents and vendors bot
Notes
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