Esso Petrol Filling Station, Waterhouse Lane, Chelmsford

Summary

An Esso petrol filling station with a Morrisons convenience store let to Rontec Group Ltd. The lease benefits from 2% fixed annual increases throughout the term.

The property is located on a prominent 0.42 acre corner site with a dual frontage roadside position, to the west of the city centre on the busy A1016 carriageway / Waterhouse Lane.

Client

Chelmsford City Council

Lot Size

£3.70m

Yield

5.88%

Acquisition