Rontec Northwich Service Station

Winnington Lane, Northwich, Cheshire CW8 4DB

Investment Summary

  • Well-presented BP-branded forecourt with Shop’n Drive-branded convenience store on a generous plot
  • Situated on a busy suburban road approximately one mile northwest of Northwich town centre
  • In a predominantly residential location with new housing development nearby and limited direct competition
  • 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 £73,200, subject to annual fixed 2%pa rent increases every 30 July
  • Vendor will top up rent on completion to £77,680pa (2023 fixed uplift)
  • Offers in excess of £1,340,000 are invited, which based on the topped-up rent reflects an attractive Net Initial Yield of 5.47% (assuming purchaser’s costs of 6.02%)