Rontec Daybrook Service Station

Mansfield Road, Nottingham NG5 3GF

Investment Summary

  • Well-presented BP-branded forecourt with Shop’n Drive-branded convenience store and forecourt services
  • Situated on the busy arterial A60 Mansfield Road, approximately three miles north of Nottingham city centre
  • Prime roadside retail location with Kwik Fit, Pets at Home and Topps Tiles nearby
  • Let to Snax 24 Limited with a guarantee from Rontec Roadside Retail Limited, one of the largest independent fuel retailers in the UK
  • Long lease with just under 17 years’ unexpired term
  • Passing rent of £78,831, subject to annual fixed 2%pa rent increases every 30 July
  • Vendor will top up rent on completion to £83,656pa (2023 fixed uplift)
  • Offers in excess of £1,440,000 are invited, which based on the topped-up rent reflects an attractive Net Initial Yield of 5.48% (assuming purchaser’s costs of 6.02%)