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Lowers Filling Station

Shop for sale

£1,115,000 2,723 sq ft

Savoy Stewart
View the performance or update the listing in CoStar
Contact name

Nick Sherling - Savoy Stewart

Full address
Main Rd, Bristol BS39 5BZ – BS39
Property type
Shop for sale
Asking price
£1,115,000
Available space range
There is 1 space available. This measures 2,723 sq ft.
Brochure
Download the brochure

Sale details

Sale unit 3771628 Under offer

2,723 sq ft, £409.47 per sq ft

Unit Sale unit 3771628
Address Main Rd, Bristol, Avon, BS39 5BZ, GB
Size 2,723 sq ft
Price £1,115,000
Price per unit £409.47 per sq ft
Unit Sale unit 3771628
Address Main Rd, Bristol, Avon, BS39 5BZ, GB
Size 2,723 sq ft
Price £1,115,000
Price per unit £409.47 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 5.86%
Financial type Actual
Financial year 2017
Net operating income £65,339

Sale notes

  • › located 10 miles from bristol and 12 miles to the historic city of bath › strong trading location in a picturesque village fronting a main road and opposite a large residential development by wilson homes › comprises a texaco branded forecourt petrol filling station and central convenience store › the proposal includes the tyre auto centre which is sublet by bestway › let for a further 16 years unexpired to bestway retail limited guaranteed by bestway wholesale limited a 5a1 covenant › the convenience store including the tyre auto garage extends in total to 2,723 sq ft › fixed uplifts at 2.5% compounded throughout offering guaranteed rental growth › total current rents reserved £70,713.01 per annum rising to £80,005.28 per annum in 31st october 2024.
  • Floor sq ft sq m sales area 928 sq ft 86 sq m ancillary/staff accommodation 290 sq ft 27 sq m total 1,218 sqft 113 sq m tyre auto garage 1,505 sq ft 140 sq m total area 2,723 sq ft 253 sq m.
  • 31st october 2024 £80,005.28 pa 6.78% 30th october 2029 £90,518.64 pa 7.67%.

Property description

The property comprises a petrol filling station forecourt and convenience store together with a detached tyre auto centre. The fuel forecourt supports six pumps within a three island layout providing unleaded, diesel and premium unleaded grade of fuel beneath a rectangular canopy. The forecourt provides ample customer car parking. The sale area incorporates a Post Office and provides a full range of grocery products, off licence, bakery, general motorist products, confectionary, Costa Coffee module, and an ATM. The tyre auto centre has been sublet by Bestway, further information is available on request.

Number of storeys
1
Rentable building area
2,723 sq ft
Year built
1972

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in BS39.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Savoy Stewart. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Savoy Stewart for full details and further information.