Other

Perry's Motor Sales Limited, Skimpot Road, Luton 

 

Price: £3,265,000

Date: Q3 2011

Acting on behalf of Empire Capital we advised on the purchase of this car dealership for £3.265m.

The subject property was built in 1999 and comprises a purpose built car dealership totalling 16,650 sq ft. The ground floor is double height and comprises the showroom area with adjoining offices. The lower ground floor comprises an 8 bay workshop and parts department, together with further ancillary offices and staff accommodation. Let to Perrys Motor Sales Limited for a term of 25 years from 29 September 1999 (13.5 years unexpired) on full repairing and insuring terms at a current rent of £262,319 p.a. (£15.75 psf overall). 

Contact


Terms & Conditions | Privacy Policy
Web Design by Creativeworld