£2,350,000

Retail premises for sale

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Offers in region of

£2,350,000

(£385.35/sq. ft)

Retail premises for sale

London Road, Spalding PE11

6,098 sq. ft

Local area information

Property location

Nearby amenities

  • The Spalding St John the Baptist Church of England Primary School 0.4 miles
  • Ayscoughfee Hall School 0.7 miles
  • Spalding 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold prime service station
  • Cpi-linked rent reviews
  • 20-Year Fri lease
  • The site trades 24 hours a day
  • A population of approximately 34,000 residents
• Freehold
• Dense residential location
• Essar-branded re-fuelling forecourt with a Londis-branded shop
• Let to Essar Oil (UK) Limited (£268m net worth) on an Fri lease until March 2044
• Initial annual rent of £195,000 p.a.
• Benefitting from annual cpi 1%-3% uplifts and a five-yearly review to market rental value (if higher)
• Site extends to approximately 0.14 acres
• The site trades 24 hours a day, seven days a week
• Globally the Essar Group has a net worth of $8 Billion
• Spalding is a popular market town and the county town of Rutland
• The town has a resident population of 34,000

Please contact us or our joint agents for further information.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Lincolnshire
  4. Spalding
  5. London Road

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