Asda Express Petrol Filling Station
Moor Farm Roundabout, Annitsford, Cramlington NE23 7QA
Summary
- Alexander James introduced and then represented a private client in the purchase of this fuel filling station and convenience retail investment
- The transaction was agreed of market
- The forecourt was let to Arthur Foodstores Ltd, with a guarantee from Co-Op Group Food Ltd and an AGA from Co-Operative Group Limited
- The lease expires on 24 August 2037
- Passing Rent of £261,921 per annum subject to five yearly 2.5% pac rent reviews
- Purchase price – Confidential
- For further information contact Richard Syers