BP Service Station A47 (A1 Junction) Wansford, Peterborough Cambridgeshire PE8 6LB

BP Service Station
A47 (A1 Junction)
Wansford, Peterborough
Cambridgeshire
PE8 6LB

Freehold Petrol Filling Station Investment

Let to Snax 24 Ltd until 2034 (subject to option)
Annual 2% fixed rental increases (2)
Prominent A47 location, close to A1
Six Week Completion Period Available

Lot
40
Auction
14th February 2013
Rent
£70,299 per Annum Exclusive
Status
Sold
Price
£810,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Interested?

Expand
Photos
Map

Freehold Petrol Filling Station Investment

Let to Snax 24 Ltd until 2034 (subject to option)
Annual 2% fixed rental increases (2)
Prominent A47 location, close to A1
Six Week Completion Period Available

Lot 40
Auction 14th February 2013
Rent £70,299 per Annum Exclusive
Status Sold
Price £810,000
Sector
Motor Trade, Petrol Station
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 7.5 miles south of Stamford, 8.5 miles west of Peterborough, 33 miles east of Leicester
Roads: A1 (600m), A47
Rail: Peterborough Rail Station (45 mins to London Kings Cross)
Air: East Midlands International Airport, London Stansted

Situation

The property is situated in a highly prominent roadside location on the A47, which is one of the main east to west arterial roads within the East Midlands connecting Leicester with Kings Lynn. The junction with the A1 (M) is some 600 metres to the west.

Tenure

Freehold.

Location

Miles: 7.5 miles south of Stamford, 8.5 miles west of Peterborough, 33 miles east of Leicester
Roads: A1 (600m), A47
Rail: Peterborough Rail Station (45 mins to London Kings Cross)
Air: East Midlands International Airport, London Stansted

Situation

Tenure

Freehold.

Description

The property comprises a Petrol Filling Station with 8 pumps, a convenience store and car wash and benefits from a site area of approximately 0.29 hectares (0.72 acres). The property benefits from being the last petrol filling station before the junction with the A1.

VAT

VAT is applicable to this lot.

EPC

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

Description

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	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground	Shop	64.10 sq m	(690 sq ft)	SNAX 24 LIMITED (1)	30 years from 10/11/2004 until 2034 on a full repairing and insuring lease (3)	£70,299	Annually to 102% (2)
Totals		64.10 sq m	(690 sq ft)			£70,299