DescriptionThe property comprises a mixed-use roadside investment extending to approximately 0.422 acres, centred around the established Dog Hill Service Station, Alcester Road, Beoley, Redditch B80 7DF. The site incorporates a Jet-branded canopy, convenience store, detached residential bungalow, car wash operation.
The service station provides an established roadside convenience offering, serving both local residents and passing motorists travelling along the A435 Alcester Road, a key arterial route linking Redditch with South Birmingham and the wider West Midlands. The forecourt benefits from prominent frontage and excellent visibility, attracting regular trade from commuters, local consumers and commercial vehicle operators.
Together, these elements create a well established mixed-use roadside asset in a prominent and highly visible trading location.
LocationThe property occupies a prominent roadside position at Dog Hill Service Station, Alcester Road, Beoley, Redditch B80 7DF, benefiting from significant visibility to passing traffic on this well-used arterial route. Situated between Redditch and Birmingham, the location serves both the surrounding residential population and a substantial volume of commuter, business and passing trade traffic throughout the day.
The area benefits from a strong catchment of nearby villages, residential communities and commercial occupiers, with the service station providing an established convenience retail and fuel offering to the local market. The property is well positioned to capture custom from motorists travelling along the A435 Alcester Road, a key route connecting Redditch, Beoley, Hollywood and South Birmingham.
The OpportunityExisting investment with opportunity to re-gear lease or negotiate vacant possession and trade from the property in 2027 at lease expiry.
The property is fully let to a long-established tenant and benefits from secure income under the terms of the existing lease, which is due to expire in February 2027. This presents an opportunity for an incoming purchaser to capture rental reversion through either a lease renewal or re-letting strategy.
Based on our assessment of the property, its location, and current trading characteristics, we believe there is scope for a meaningful uplift in rental income upon lease expiry.
Trading HoursThe tenant operates 24 hours a day, 7 days a week.
Investment SummaryFreehold roadside petrol filling station and convenience retail investment.
Producing a current income of £50,000 reflecting a 4.17% gross yield at the asking price.
Lease expiry in February 2027, providing a clearly defined short term asset management opportunity. Please note the tenant benefits from the security of tenure provisions of the Landlord and Tenant Act 1954, supporting tenant continuity and renewal prospects.
Existing rent considered to be below market level.
TenureFreehold Title number WK424975
TenancyThe property is let as a petrol filling station with ancillary convenience retail use and is occupied under a lease benefiting from the security of tenure provisions of the Landlord and Tenant Act 1954. The tenancy is held on full repairing and insuring terms, with the tenant responsible for repairs, maintenance, business rates, utilities and other occupational outgoings.
The current passing rent is £50,000 per annum.
The existing lease is due to expire in February 2027. As the tenancy benefits from the protection of the Landlord and Tenant Act 1954, the tenant has statutory rights to apply for a renewal lease, subject to the provisions of the Act.
RegulatoryThe Vendor has opted to tax the property for VAT purposes. As a result, the sale is subject to VAT, which shall be payable by the Purchaser in addition to the agreed purchase price. All figures quoted are therefore exclusive of VAT unless otherwise stated.