Project Octane - 4 Long Income Petrol Filling Stations

Sold

Price £12,600,000

Rent (pa) £707,603

Yield 5.26%

Investment Summary

Portfolio of 4 long income petrol filling stations let to Co-op Group Food
Forecourts in Barry, Basingstoke, Dagenham and Newport
Barry and Newport let for a further 20 years
Overall AWULT of 16 years
Fixed annually receivable 2% rental increases
Strong trading locations with potential extensions to properties in Dangenham and Basingstoke
Total rental income of £707,603 per annum
Offers in excess of £12,600,000
NIY of 5.26%