Sainsbury’s Local with Petrol Station, Droitwich Spa

 

Maycroft Garage, 141 Worcester Road, Droitwich, Worcestershire, WR9 8AR

Offers in excess of
N/A
Sold
Type - Commercial
Tenant type - Motor
  • Tenure: Freehold
  • Gross Rent: £200,000
  • Lease Term: 20 yrs from Jan '14

Property Description

  • Freehold Blue Chip Petrol Station & Convenience Store Investment

Location Description

  • Droitwich Spa is an affluent town in Northern Worcestershire, which is located approximately 22 miles (35 km) south of Birmingham and 12 miles (19 km) west of Redditch.
  • The property is located on the main road that connects Droitwich Spa with Worcester

Additional Notes

  • Let to Sainsbury’s Supermarkets Ltd for 20 years from 27th January 2014 for £200,000 pa
  • Break clause on 27th January 2029
  • Rent reviews – RPI increases capped and collared 2 & 4% pa

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