• Modern petrol filling station & convenience store investment in Askern, South Yorkshire
• Located along the A19 at the northern entrance into Askern
• Askern is located 8 miles north of Doncaster and 25 miles southeast of Leeds
• The property is the only PFS between Doncaster and Junction 34 of the M62 Motorway (5 miles distant)
• The property comprises a refurbished jet branded PFS & Spar convenience store
• Large site of 0.98 acres
• Let on assignment to Petrogas Group UK Limited (guaranteed by Petrogas Holdings UK Limited) on a 25 year FRI lease
• Assignee Co-op Group Limited
• Commencing 13th August 2007, expiring 12th August 2032 (c. 8.4 years unexpired)
• Current rent of £217,244 per annum is subject to 5-yearly fixed increases of 2.5% annually compounded Next and final review - 13 August 2027 (£245,791)
• Sub-let to Jet Retail Fuel Limited (company number: 01115835)
• Wholly owned subsidiary of Phillips 66 Limited (Turnover: $29.05bn, Pre Tax Profits: $1.68bn, Shareholders Funds: $3.26bn)
• Sublet outside of the 1954 act until 31st May 2032
