Property photos
Offers in region of
£2,900,000
(£1,348.84/sq. ft)
Retail premises for sale
Rayne Road, Braintree CM72,150 sq. ft
Local area information
Property location
Nearby amenities
- St Michael's Church of England Voluntary Aided Primary School 0.3 miles
- St Francis Catholic Primary School, Braintree 0.3 miles
- Braintree 0.6 miles
- Braintree Freeport 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Freehold Applegreen petrol sales forecourt with Londis convenience store and Subway outlet.
Let in its entirety to Petrogas Group UK Limited and guaranteed by Applegreen plc.
20 year lease from 29th March 2019. Tenant option to break at end of the Year 15 (29th March 2034). Term certain in excess of 10 years.
Passing rent £170,000 per annum with five-yearly, upward only rent reviews linked to rpi (subject to increase collar of 105% and cap of 110%). Rent will increase at the first review (29 March 2024) to £187,000 per annum.
Prominent and busy position, fronting Rayne Road (B1256), the main road into Braintree from the west. Site area 0.143 hectares (0.354 acres). Adjacent to Lidl supermarket.
Offers in the region of £2.9M subject to contract.
Let in its entirety to Petrogas Group UK Limited and guaranteed by Applegreen plc.
20 year lease from 29th March 2019. Tenant option to break at end of the Year 15 (29th March 2034). Term certain in excess of 10 years.
Passing rent £170,000 per annum with five-yearly, upward only rent reviews linked to rpi (subject to increase collar of 105% and cap of 110%). Rent will increase at the first review (29 March 2024) to £187,000 per annum.
Prominent and busy position, fronting Rayne Road (B1256), the main road into Braintree from the west. Site area 0.143 hectares (0.354 acres). Adjacent to Lidl supermarket.
Offers in the region of £2.9M subject to contract.
More information
Listed by
Dangerfield Property
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