Tondu Service Station, Maesteg Road, Tondu, Bridgend, CF32 9BT
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- SECTOR
Petrol station for sale
Key features
- Predominantly let to MFG
- Texaco forecourt and Londis store
- Total income £95,000 pa
- £104,000 pa from September 2025
- Net initial yield of 7.17%
- 7.85% net yield from September 2025
- Christie & Co Ref: 4211124
Description
The petrol filling station comprises a Texaco branded forecourt and a Londis convenience store with a gross internal floor area of approximately 78.9 square metres (850 square feet).
The forecourt provides three pump islands arranged in starter gate format with six filling positions, all set beneath a 4.4 metre canopy. The forecourt also provides a jet wash bay as well as air/water and vacuum valet services.
Adjacent to the forecourt, and with frontage to Maesteg Road, is a fenced yard and office that is used for motor home sales.
The sales office has an area of approximately 7.8 square metres (84 square feet) and the yard has an area of approximately 540 square metres (5,780 square feet), providing approximately 11 motor home display spaces, or approximately 26 car display spaces.
The property has a total site are of 0.15 hectares (0.375 acres).
The property is located in the village of Tondu, approximately three miles north of Bridgend in South Wales.
The property is situated on the A4063 Maesteg Road, which is a busy local route that connects Bridgend to Maesteg and the upper Llynfi Valley to the north. This road sees regular commuter traffic and serves as a key link between the valley communities and the M4 motorway to the south.
Planning consent for the development of 405 new homes at Parc Tondu, to the west of the property, was granted in 2020. We understand that 136 of these homes have been completed but that development of the remainder will follow the construction of a new link road that will improve traffic flows along Maesteg Road.
We are seeking offers of £1,250,000 (one million two hundred and fifty thousand pounds), reflecting a net initial yield of 7.17%, rising to 7.85% in September 2025 and 8.76% in September 2028, assuming standard purchasers’ costs of 5.96%.
VAT
The property has been elected for VAT. The transaction will therefore be treated as a Transfer of a Going Concern and VAT will not be chargeable on the purchase price.
Freehold
TenancyThe Property has two tenants.
Motor Fuel Limited (MFG)
MFG renewed their lease on from 15 September 2022 for a term of 15 years at a rent of £80,000 per annum, with fixed rent increases of £9,000 per annum in every third year of the term. The tenant has a break option on 14 September 2032 with 12 months written notice. The lease has been drafted on effective full repairing and insuring terms.
Motorhome Depot Ltd
Motorhome Depot occupy the vehicle sales yard and office on an informal basis from 1 April 2025, at a current rent of £15,000 per annum, with a fixed increase to £18,000 per annum on 1 April 2028.
Motor Fuel Limited (MFG)
MFG operates a total of 1,407 fuel retail sites across the UK. Their sites include 1,218 company owned and 189 dealer operated locations. MFG had a turnover of £4.47 billion, a pre-tax profit of £306 million and a net worth of £726 million in the year to December 2023.
Motorhome Depot Limited
Motorhome Depot Limited specialise in the sale of camper vans. The company is a locally run business that was incorporated in March 2025.
The property has an EPC rating of B(30).
Brochures
Tondu Service Station, Maesteg Road, Tondu, Bridgend, CF32 9BT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tondu Station0.1 miles
- Sarn Station0.6 miles
- Wildmill Station1.9 miles
Notes
Disclaimer - Property reference 4211124-fh. 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 Christie & Co, Retail. 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.
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