TONBRIDGE, KENT EAST PECKHAM BYPASS A228 BRANBRIDGES ROAD, TN12 5HH
FREEHOLD CO-OPERATIVE CONVENIENCE STORE & PETROL STATION INVESTMENT IN EXCESS OF 13 YEARS UNEXPIRED TONBRIDGE, KENT EAST PECKHAM BYPASS, A228 BRANBRIDGES ROAD, TN12 5HH
ROYAL TUNBRIDGE WELLS A228 M20
INVESTMENT SUMMARY n Excellent opportunity to acquire a secure income asset in the expanding n Let to Co-operative Group Food Ltd with in excess of 13 years remaining forecourt convenience sector. n Store totals 4,500 sq ft GIA n Busy main road location on a prominent site close to the A228. n Offers are sought in excess of £3,750,000 (Three Million Seven Hundred and n Current Passing Rent £240,000 per annum Fifty Thousand Pounds) subject to contract and exclusive of VAT. A purchase n Rent rising to a minimum of £271,536 per annum in 2024 at this level reflects a net initial yield of6.00% rising to a minimum of 6.80% in 2024 assuming purchaser’s costs of 6.54% DUNDEE ■ PERTH ■
M80 EDINBURGH M ■ M 3 M8 GLASGOW
M M 4
NEWCASTLE UPON TYNE ■
■ ■ CARLISLE SUNDERLAND
A1 M
MIDDLESBROUGH
A1 M YOR ■
LEEDS BLAC BURN ■ ■ HULL M6 A63 ■ ■ M62 HALIFA M66 A1 A1 ORMS IR ■ SCUNTHORPE ■ BARNSLEY ■ BOLTON ■ DONCASTER M60 ■ M18 M180 GRIMSBY M1 LIVERPOOL ■ A 2 BRIGG ■ MANCHESTER A1 M ■ SHEFFIELD ■ M 6 GAINSBOROUGH ■ CHESTERFIELD BU TON ■ LINCOLN ■
NEWAR -ON-TRENT M6 ■ NEWCASTLE-UNDER-LYME ■ BOSTON A38 ■ STO E-ON-TRENT NOTTINGHAM ■ DERBY ■ A 2 ■ M1 A46 A1 STAFFORD ■
M 4 M6 To A4 ■ LEICESTER WALSALL ■ NORWICH M42 PETERBOROUGH ■
WOLVERHAMPTON M6 M BIRMINGHAM A1 M A14 ■ ■ A11 COVENTRY M42 A43 NORTHAMPTON M40 ■ A428 CAMBRIDGE ■
A1 A11 IPSWICH ■
■ MILTON M1 M11 EYNES A1 M TONBRIDGE, KENT EAST PECKHAM BYPASS, A228 BRANBRIDGES ROAD, TN12 5HH
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