The property, extending to 13,801 sq ft (GIA), comprises a modern purpose built 2 storey car showroom with workshop to the rear and separate valet and car wash building.
The property is let in its entirety on an FRI lease to Pendragon Property Holdings Limited with a guarantee from Pendragon Plc, expiring April 2024 at a passing rent of £144,909 per annum, equating to £10.50 psf. The lease is subject to 5 yearly upwards only rent reviews with the next review due in April 2014.
The property was acquired as part of the Vitesse Portfolio.
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