Sector
Car Showroom
Initial Yield
5.83%
Price
£6,000,000
Sale/Purchase
Sale
A modern, purpose built car dealership comprising 25,198 sq ft of workshop and showroom accommodation.
The property is let to Honda Motor Europe Ltd at a passing rent of £370,000 pa with minimum increases to £408,510 pa in September 2014, and £451,028 pa in September 2019, with approximately 17.25 years unexpired lease term.