Service Station (Co-op Food, Travelodge, Texaco, Burger King & Little Chef), Cirencester

 

Hare Bushes Service Area, A429 / A417 Interchange, Cirencester GL7 5DS

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Various
  • Tenure: Freehold
  • Gross Rent: £350,000

Property Description

  • Freehold Blue-Chip, Mixed Service Station Investment
  • Arranged as a modern convenience store, petrol filing station, hotel and restaurant.
  • Overall site area is circa 5 acres (2.03 hectares), broken down as:
  • Convenience store & petrol station 1.7 acres (0.69 hectares)
  • Hotel & restaurant 3.3 acres (1.34 hectares)

 

Location Description

  • Cirencester is the principal town of the Cotswolds, in the county of Gloucestershire.
  • Cirencester is a popular shopping destination with unique mix of independant and national shops and home to the expanding Headquarters of St James’s Place Wealth Management. The district population, which is in excess of 19,000 is set to grow with plans for 2,500 homes in the Chesterton district of the town.
  • The town is approximately 40 miles north-east of Bristol, 15 miles north-west of Swindon, 20
  • miles to the south of Gloucester and 93 miles north-west of London.
  • The property is located at the junction of the A429 Burford Road and the A417, a major trunk from the M4 (Junction 15) via Swindon to the M5 (Junction 11a) which is the principal road serving the town.
  • The recently developed Kingshill residential area, which has extended the town boundaries of Cirencester, is immediately to the south of the A429 / A417 interchange.

Additional Notes

  • The site is let to several tenants including Co-operative Foodstores Ltd for approx. £350,000 p.a. with a lease term of over 10 years unexpired

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