5 Star Portfolio

5 Star Portfolio

  • Two high quality, recently refurbished and modern Co-op petrol filling stations in Bournemouth and Worthing

  • Westway Service Station, Castle Lane, Bournemouth, Dorset BH9 3JZ

  • Boulevard Service Station, Durrington, Worthing, West Sussex BN13 1JZ

  • Both assets let to Co-operative Foodstores Limited and guaranteed by the Co-operative Group Limited

  • Co-terminus leases for a period of 20 years from 21st February 2019 (c. 20 years unexpired)

  • Passing rent of £199,915 pa for Bournemouth and £164,564 pa for Worthing

  • 5 yearly rent reviews to CPI – capped and collared at 1%-3%

  • Freehold

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