FOR SALE INVESTMENT

APPLEGREEN PETROL FILLING STATION COURTOWN ROAD CO.

Description Highlights

The property comprises a service station on a high-profile site measuring c.0.37 Acres (0.15 Ha) • Leased to Petro Gas Group Limited with 30 metres of frontage onto the Courtown Road. The forecourt includes four double sided • Annual rent of €150,000 petrol pump terminals under a canopy; there is an automated car wash and service bay. The • 25-year lease from 1st July 2005 convenience shop measures 160.5 sq. m. (1,727 sq. ft.) to include a subway deli counter with • Busy service station and retail shop seating area, ATM and customer toilets. R772 M11

H o ly fo ad rt o R Applegreen R o tin ad na lon C GOREY

R725 Location The property is well situated on the Courtown Road in R772 the centre of Gorey Town, approximately 350 metres R742 east of Main Street. The property is well positioned just off a busy roundabout that links the Courtown Road with the town centre and the Old Arklow Road. R741 The surrounding area is a mix of residential and retail with local occupiers including Aldi and the Ashdown Park Hotel. For illustrative purposes only.

Tenancy Further Information The entire is held under a 25-year lease to Petro Gas Title Group Limited t/a Applegreen from the 1st July 2005. We understand the property is held under Freehold title. The passing rent is €150,000 per annum and there is a break option at the end of year 15. Applegreen BER operates 77 sites, which represents 14% of the motor fuel market in the . According to the 2015 Annual Report, the group increased revenue by 15.4% to €1,081.5 million in 2015 with an adjusted EBITDA of €28.9 million which is a 25.7% increase on 2014 figures.

Contact Colliers International Richard Bielenberg Hambleden House, [email protected] 19-26 Lower Pembroke Street, 2. Michele McGarry

[email protected] design | conradjones.com +353 (1) 633 3700

The above particulars are issued by Colliers International on the understanding that all negotiations are conducted through them. Every care is taken in preparing the particulars which are for guidance only and the firm do not hold themselves liable for any inaccuracies. Maps are not to scale and areas/dimensions are approximate. All reasonable offers will be submitted to the owners for consideration but the contents of this brochure will not be deemed to form the basis of any contract subsequently entered into.