04 Crossroads Service Station Wembury, , PL9 0DF 04 Crossroads Service Station Long Income Convenience Store Wembury, Plymstock, Devon PL9 0DF & Petrol Filling Station Portfolio

Location The property is located in Plymstock, a large commuter suburb of the city of in Devon. Lying 3.5 miles east of Plymouth City centre, the residential area has a local population of c. 25,000 people, rising to 235,000 in the wider Plymouth area.

The subject property occupies a prominent corner position at the crossroads of two primary thoroughfares for the area, Wembury Road and Staddiscombe Road. The local rugby clubhouse is adjacent to the PFS and nearby Coombe Dean School and Goosewell Academy provide increased foot and traffic flow.

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Penzance 04 Crossroads Service Station Long Income Convenience Store Wembury, Plymstock, Devon PL9 0DF & Petrol Filling Station Portfolio

Description & Accommodation The property comprises a new build convenience supermarket extending to 4,768 sq ft with a large car park incorporating 24 spaces (3 disabled) and separate loading bay. The property occupies a site extending to 0.95 acres (0.38 hectares).

EPC Energy performance certificates can be provided upon request. Tenancy The property will be let to the Co-operative Tenure Group Food Limited on a full repairing and insuring lease for a term of 20 years with effect Freehold (Title Number: DN318192). from completion. The initial rent of £170,000 per annum (£35.65 psf) is reviewed 5 yearly upwards only in line with CPI, subject to collar at 1% and cap at 3% per annum. NOTE DO NOT SCALE FROM THIS DRAWING. ALL DIMENSIONS RELATING TO SUB-CONTRACTORS OR SUPPLIERS WORK MUST BE CHECKED AND AGREED BETWEEN THE GENERAL CONTRACTOR AND THE SUB-CONTRACTORS AND SUPPLIERS. ALL DIMENSIONS ARE IN MILLIMETRES. IF IN DOUBT ASK. THIS DRAWING MAY BE SCALED FOR PLANNING PURPOSES ONLY. ALL WORKS OR MATERIALS INDICATED ON THE DRAWING ARE TO BE TO THE LATEST BRITISH STANDARDS AND ARE TO BE CARRIED OUT IN ACCORDANCE WITH THE RELEVANT CODES OF PRACTICE OR RECOGNISED TRADE ASSOCIATION RECOMMENDATIONS AND PUBLICATIONS. © THIS DRAWING IS THE COPYRIGHT OF ALPHEGA. 21 Price 19 Footpath Shrub 18 Cage Storage We are seeking offers in excess of Area 20 Fence enclosure £3,164,000 for the freehold interest, subject Air/Water & Vac Bay Parking S T A D D I S C O M B E R O A D Valet to contract and exclusive of VAT. Jet Wash

ENTRANCE CROSSOVER A purchase at the above terms reflects the

Sliding Doors following yield profile (assuming rental

Spare Area growth of 3% per annum), after deducting

Air line

P3 P4 P5 P6 purchase costs at 7.47% (Sale and Forecourt Entrance & Exit Floodlight Grass verge

Retail Area - 3000ft² Leaseback Costs): Back of House 1500ft² Company Sign P1 P2 P7 P8 Grass verge Fills Vents

2.4m high Timber

Plant Enclosure

INTAKE

ELECTRICAL Compressor pack Compressor

Grass verge Bank Parking 5.00% Net Initial Yield Grass verge

Stone wall 5.80% Reversionary Yield (2023) CROSSOVER ENTRANCE W E M B U R Y R O A D 6.72% Reversionary Yield (2028) # 07/07/15 DB Drawing created. REV DATE DRN DESCRIPTION

tel 08708 712270 email. [email protected]

TCG

Staddiscombe Petrol Station Wembury Road Proposed Site Plan Plymouth, Devon Pl9 0DF Scale 1:200 Proposed Site Plan

July 2015 DB 1:200 @ A1

1974_Staddiscombe_Planning_Rev 01.dwg

1974/SL-48 #