Forecourt, EV Charging & Convenience Store Investment
Retford
A1 Southbound, Markham Moor Nottinghamshire DN22 0PG
Investment Summary
- Prime A1 trunk road location at Markham Moor junction, benefiting from circa 48,500 vehicles per day
- Comprising a 24-hour Shell filling station with 8-bay EV charging hub and Shell Select convenience store, on a site of 2.07 acres
- Situated within a busy roadside services, adjacent to a McDonald’s drive-thru
- Completely redeveloped by the tenant in 2023, to provide state-of-the-art dual-fuel facilities
- Let in its entirety to Shell UK Limited (Net worth £2.85bn)
- Lease expiry June 2044, with a circa 13-year unexpired term to tenant break
- Low current rent of £165,000 per annum, subject to five-yearly upward-only rent reviews
- Offers sought in excess of £2,700,000, reflecting a Net Initial Yield of 5.75%
- For further information, please contact Alastair Coates or Richard Syers