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London Road, Spalding, Lincolnshire, PE11

Offers in Region of
£2,125,000

£348.47 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
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

* Freehold
* 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

Open mapStreet View

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 both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 18747. 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 Prideview Group, Middlesex. 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.

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