Prominent service station in Droitwich, located on the busy B4090, the main dual carriageway between Droitwich and Worcester.
Modern 4,523 sq ft purpose-built petrol filling station with a full convenience store offer on a 0.61 acre site.
Passing rent of £268,071 as of January 2024 (to be topped up).
The property is let to Sainsbury’s Supermarkets Limited until 26 January 2034.
Five yearly RPI-linked rental increases 2% collar and 4% cap, compounded annually.5A1 Covenant.
Five years unexpired (tenant’s option to break removed).
Future redevelopment potential is subject to gaining the necessary consent.
Acquired for private clients.