Other

Petrol Stations & Convenience Stores 

 

Price: £5,388,000 - Initial Yield:5.50%

Date: Q3 2011

Acting on behalf of a Private Family Trust we advised on the purchase of three petrol stations and convenience stores for £5.388m, reflecting a net initial yield of 5.5%.

Located in Clapham, Fareham and West Drayton the properties are all let to Somerfield Stores Ltd, guaranteed by The Co-Operative Group Ltd, until June 2027 at a combined total rent of £298,751 p.a. 

Contact

Simon Lewis

Tel: 020 7493 3330
Mob: 07831 527 960
slewis@lewisellis.co.uk


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