Rontec Northwich Service Station
Winnington Lane, Northwich, Cheshire CW8 4DB
Summary
- Alexander James were instructed by a private client to sell their long income forecourt investment
- The forecourt was let to Snax 24 Limited with a guarantee from Rontec Roadside Retail Limited
- The investment had a 16.75 year unexpired lease term and a passing rent of £74,644 per annum with annual fixed 2% p.a. rent increases
- Sale Price – £1.34m (5.26% NIY)
- For further information contact Alastair Coates