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
