On behalf of Cordea Savills, Cooper Rose Real Estate has commenced marketing a prime car dealership investment in Solihull, West Midlands.
The property is let to Rybrook Ltd, guaranteed by Rybrook Holdings Ltd, for a further 21.8 years. The current rent is £275,000 per annum.
The property benefits from 5 yearly, upward only rent reviews fixed to 2.5% per annum compounded.
Offers are sought in excess of £5,000,000, reflecting a net initial yield of 5.2%.
Contact Ben Rose or Giles Cooper or our joint agents FSP.