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