Bilston College Filling Station, 137 Wellington Road, Wolverhampton, West Midlands WV14 6RN

Bilston College Filling Station, 137 Wellington Road, Wolverhampton, West Midlands WV14 6RN

0.00

• Prime petrol filling station investment

• Excellent location on the A41 (Wolverhampton to Bilston) to the front of the City of Wolverhampton College (4,500 students)

• Well-presented unit with Morrisons branded store and Texaco fuel livery

• 4,703 sq ft (inclusive of car wash) with 4 pump stations providing 24 nozzles

• Freehold site of 0.72 acres

• Adjacent to a very large sixth form college and on an arterial route

• Let to Rontec Properties (No.4) Limited

• Parent guarantee from Rontec Roadside Retail Limited (Dun & Bradstreet 5A2 rating)

• Lease expiring 17th October 2038 (19.2 years unexpired)

• Current topped up rent of £111,843 per annum (re-based from previous passing at £163,345 per annum)

• Uplift to £114,079.86 in March 2021, then annually received 2% fixed uplifts to term end

• Offers in excess of £2,000,000 (STC)

• 5.26% NIY, 5.36% RY in March 2021, 7.51% RY in March 2038

• Investment value supported by vacant possession value

Download Brochure

Add To Cart