Freehold Convenience Store & Petrol Filling Station Investment
Convenience Store & Petrol Filling Station entirely let to Rontec Properties (No. 4) Limited, with guarantee from Rontec Roadside Retail Limited
Recently extended lease to expire in June 2045 (June 2040 Tenant break option)
Annual 2.00% fixed uplifts
Rent rising to £182,847 in 2030 and £201,878 in 2035
Trading as Morrisons Local and Esso, benefits from 24 hour opening
Busy Crossroad location
Nearby to the Tunbridge Wells Hospital and a large Tesco Superstore which has no petrol filling station on-site
Site area of 0.11 Ha (0.28 Acres)
Rent £165,611 per Annum Exclusive
Status Available
Guide* £2,800,000
Sector Supermarket/Convenience, Petrol Station
On Behalf of a Major UK Fund
Method of Sale For sale via Auction Contract at the 30th October Auction unless sold or withdrawn prior.
Property Information
Location
Miles
11 miles south of Sevenoaks, 30 miles north of Eastbourne, 40 miles south of London
Roads
A21, A26, A264, M25 (Junction 5)
Rail
Tunbridge Wells Railway Station (approx. 40 mins to London Bridge)
Air
London Gatwick Airport, London Heathrow Airport
Situation
Pembury is a popular residential suburb some 2 miles north east of Royal Tunbridge Wells. The property is prominently located at the junction of High Street and Pembury Road (A228), providing direct access to central Tunbridge Wells and the A21. A large Tesco Superstore is located directly to the south of the property and does not have a petrol filling station facility. In addition, The Tunbridge Wells Hospital is approximately 0.5 mile to the west with many visitors taking advantage of the convenience store's 24 hour offering. The petrol filling station and convenience store serves the Pembury and East Royal Tunbridge Wells suburbs with the nearest neighbouring petrol stations some 6 miles away to the west and south.
Tenure
Freehold.
Location
Miles
11 miles south of Sevenoaks, 30 miles north of Eastbourne, 40 miles south of London
Roads
A21, A26, A264, M25 (Junction 5)
Rail
Tunbridge Wells Railway Station (approx. 40 mins to London Bridge)
Air
London Gatwick Airport, London Heathrow Airport
Situation
Pembury is a popular residential suburb some 2 miles north east of Royal Tunbridge Wells. The property is prominently located at the junction of High Street and Pembury Road (A228), providing direct access to central Tunbridge Wells and the A21. A large Tesco Superstore is located directly to the south of the property and does not have a petrol filling station facility. In addition, The Tunbridge Wells Hospital is approximately 0.5 mile to the west with many visitors taking advantage of the convenience store's 24 hour offering. The petrol filling station and convenience store serves the Pembury and East Royal Tunbridge Wells suburbs with the nearest neighbouring petrol stations some 6 miles away to the west and south.
Tenure
Freehold.
Description
The property comprises a modern convenience store and petrol filling station with eight pumps beneath a steel canopy and a single storey convenience store of approximately 268.81 sq. m. (2,893 sq. ft.) (GEA) upon a total site area of 0.11 Ha (0.28 Acres), benefitting from a long frontage onto High Street.
VAT
VAT is applicable to this lot.
Note
Rontec is one of the leading players in the UK forecourt industry and operates more than 260 petrol stations across England and Wales, under the Esso, BP and Shell brands. For the year ending 30/09/2024, Rontec Roadside Retail Limited reported a Turnover of £1,680,588,000, a pre-tax profit of £104,353,000 and a Net Worth of £1,028,253,000 (Source: NorthRow 02/09/2025)
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern convenience store and petrol filling station with eight pumps beneath a steel canopy and a single storey convenience store of approximately 268.81 sq. m. (2,893 sq. ft.) (GEA) upon a total site area of 0.11 Ha (0.28 Acres), benefitting from a long frontage onto High Street.
VAT
VAT is applicable to this lot.
Note
Rontec is one of the leading players in the UK forecourt industry and operates more than 260 petrol stations across England and Wales, under the Esso, BP and Shell brands. For the year ending 30/09/2024, Rontec Roadside Retail Limited reported a Turnover of £1,680,588,000, a pre-tax profit of £104,353,000 and a Net Worth of £1,028,253,000 (Source: NorthRow 02/09/2025)
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Use
Site Area Approx. Hectares
Site Area Approx. (Acres)
Tenant
Term
Rent p.a.x.
Rent Reviews
Petrol Filling Station and Convenience Store
0.11
(0.28)
RONTEC PROPERTIES (NO.4) LIMITED, with guarantee from RONTEC ROADSIDE RETAIL LIMITED (1)
A period of years until 20/06/2045 (2)
£165,611
20/06/2026 and annually thereafter (3)
(1) Rontec is one of the leading players in the UK forecourt industry and operates more than 260 petrol stations across England and Wales, under the Esso, BP and Shell brands. 240 of these stations trade 24 hour services. The company was formed in 2011 to acquire the assets of Total Oil UK and has since continued to acquire site packages from Esso, Co-Op and BP. (2) The lease provides for a tenant option to break on 20/06/2040, subject to 6 months notice. (3) Fixed annual uplifts at 2.00% per annum.
