BP Filling Station 148-158 Vauxhall Bridge Road Pimlico London SW1V 2RE

BP Filling Station
148-158 Vauxhall Bridge Road Pimlico
London
SW1V 2RE

Central London Petrol Filling Station

Key Central London Petrol Filling Station let to Malthurst Limited, trading as BP, until 2046
Affluent Central London location
Highly reversionary investment with approx. 20 years unexpired
Busy position on Vauxhall Bridge Road (A202)
One of only Three Petrol Filling Stations currently in Westminster and Pimlico

Lot
33
Auction
27th March 2025
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Central London Petrol Filling Station

Key Central London Petrol Filling Station let to Malthurst Limited, trading as BP, until 2046
Affluent Central London location
Highly reversionary investment with approx. 20 years unexpired
Busy position on Vauxhall Bridge Road (A202)
One of only Three Petrol Filling Stations currently in Westminster and Pimlico

Lot 33
Auction 27th March 2025
Status Sold Prior
Price
Sector
Motor Trade, Petrol Station, Ground Rent
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 350 yards south east of Victoria Railway Station, 1 miles south west of Central London
Roads: A3212, A302, A202
Rail: Pimlico Underground Station (Victoria Line), Victoria Railway Station (Victoria, Circle and District Lines), Vauxhall Railway Station (Victoria Line)
Air: London Heathrow Airport, London City Airport

Situation

The property is located in Pimlico, a highly affluent South West London area. The property is prominently situated on the northern side of the busy Vauxhall Bridge Road (A202), 400 metres from Pimlico Underground station and Victoria Railway Station.

Tenure

Virtual Freehold. 999 years from 01/04/1996 at a fixed peppercorn rent per annum.

Location

Miles: 350 yards south east of Victoria Railway Station, 1 miles south west of Central London
Roads: A3212, A302, A202
Rail: Pimlico Underground Station (Victoria Line), Victoria Railway Station (Victoria, Circle and District Lines), Vauxhall Railway Station (Victoria Line)
Air: London Heathrow Airport, London City Airport

Situation

Tenure

Virtual Freehold. 999 years from 01/04/1996 at a fixed peppercorn rent per annum.

Description

The property comprises a petrol filling station and convenience store providing 8 pumps.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a petrol filling station and convenience store providing 8 pumps.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Site Area Approx Ha	Site Area Approx Acres	Tenant	Term	Rent p.a.x.
Petrol Filling Station and Convenience Store	0.06	(0.14)	MALTHURST LIMITED (1)	51 years from 14/12/1995 until 13/12/2046	Peppercorn (2)

(1) For the year ending 31/12/2023 Malthurst Ltd reported a Turnover of £2,336,000, a Pre-Tax Loss of (£2,548,000) and a Net Worth of £120,334,000.
(2) Upon signing this lease in December 1995, the lessee paid a premium of £1,600,000 to the lessor. Further details available within the legal pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.