MCCOLL'S PORTFOLIO A PORTFOLIO OF SEVEN PROFITABLE OPERATIONAL PETROL FILLING STATION SITES - FASTLY
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McCOLL’S PORTFOLIO LEASEHOLD INTERESTS AVAILABLE A portfolio of seven profitable operational petrol filling station sites
PROPERTY OVERVIEW Deepcar Service Station, Ferrybridge Service Station, A Deepcar, S36 2RE B Pontefract, WF8 2PB OPPORTUNITY SUMMARY • Excellent opportunity to take an assignment of seven profitable operational petrol filling station sites • Opportunity for operators to Eyemouth Service Station, Coal Aston Service Station, improve trading performance C D Eyemouth, TD14 5AN Coal Aston, S18 3AA and existing margins C • Six out of seven fuel supply agreements expire in 2019 and 2020. • Opportunity for a new operator to extend existing leases B Lightwood Service Station, Tamworth Service Station, • Six Gulf and one Jet branded A E F D Stoke on Trent, ST3 4JP Tamworth, B77 8SJ forecourt E • Combined fuel sales of circa G 19,280,000 litres F • Combined shops sales of circa £6,789,000 (inc VAT) • Subway counter sales across two Roughton Service Station, sites of circa £367,000 (inc VAT) G Roughton, NR11 8SJ • The vendor has a preference for leasehold offers for the whole portfolio. Individual site offers will also be considered McCOL L’ S P O R T F O L I O 2
DEEPCAR SERVICE STATION 74 Manchester Road, Deepcar, Sheffield, South Yorkshire, S36 2RE DESCRIPTION The property is a modern petrol filling station, forecourt shop and ancillary areas measuring approximately 349 sq m (3,750 sq ft) with Gulf branded petrol filling station. FORECOURT SHOP The forecourt shop has a good retail offer including a range of groceries, National Lottery terminal, off licence, Paypoint and a range of household and leisure goods. There is a sit-in Subway concession with 12 covers and a Costa branded coffee machine. Externally there is an ATM. An office, store, kitchen and WC are also provided. FORECOURT The forecourt offers six filling points across three pump islands arranged in an irregular layout, with three eight- hose dispensers offering a combination of unleaded, diesel and both grades of premium fuel. SUMMARY Forecourt services inlude an air and water machine. • Prominent location with frontage to Manchester Road • Sales area measuring 111 sq m (1,196 sq ft) (B6088), Deepcar on a site of 0.37 of a hectare (0.92 of an acre) • Benefits from ‘walk on’ trade from the surrounding • 2018 trading performance of circa 3,325,000 OPENING HOURS residential catchment area litres and shop turnover of £992,389 (inc VAT) The site is open from 06:00 to 22:00, seven days a week. • Sit-in Subway concession generating £134,000 • Offers are invited for the leasehold interest per annum McCOL L’ S P O R T F O L I O | Deepcar Service Station 3
Ellen Cliff Wood Path (um) SITE AREA Gas Gov Track Th The site has an area of approximately 0.37 of a hectare e Po rt er o (0.92 of an acre). rL ittle Do n Riv er TENURE The property is held leasehold by our client under Title 102 Path (um) Number SYK573205. A copy of the lease and title documents can be provided upon request. Stati e on c Poli 145.5m 89 72 64 A summary of the key lease terms: 91 85 146.5m 2 LOSE 83a Nether Current Landlord Russell Barker LD C 2 ERFIE Tenant Martin McColl Limited 1 83 B6 75 088 NETH Lease Term 10 years 8 1 6 5 3 Lease Expiry 22/11/2019 5 8 12 11 7 Remaining Term Circa five months LOCATION ACCOMMODATION St John's 15 0m 10m 20m 30m Church Hall Rent £36,000 per annum Deepcar is in South Yorkshire approximately 15 kilometres Ordnance Survey © Crown Copyright 2019. All rights reserved. Sq m CBRE Plan Sq ft Licence number 100022432. Plotted Scale - 1:1250 © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000 Rent Review basis Five yearly to open market rent (nine miles) north of Sheffield and 50 kilometres (30 CBRE Map Retail Shop 111 1,196 Inside 54 Act Yes miles) south of Leeds. Stocksbridge and Upper Don ward which includes Deepcar has a population recorded in the Subway Concession 70 749 2011 Census of 18,541. Ancillary 42 453 McColl’s has served a Section 26 notice to the landlord requesting a new 15 year lease with a break option at Store 126 1,352 The property is on the north side of Manchester Road the tenth anniversary. (B6088). The surrounding area is predominantly Total 349 3,750 residential in character, providing good potential for walk on trade. Nearby occupiers include a used car The above areas have been calculated on a gross internal PLANNING dealership, a public house and STEP business centre. area basis and should be verified by the purchaser. The property is in an area administered by Sheffield City Council. We recommend that interested parties make their own enquiries to the Council. McCOL L’ S P O R T F O L I O | Deepcar Service Station 4
RATEABLE VALUE TANK INFORMATION TRADING INFORMATION 2017 Rating List: Tank number Grade Capacity (litres) Fuel Volume (litres) 3,324,098 Description Rateable value 1 Super Diesel 8,600 Shop Turnover (inc VAT) £992,389 Petrol filling station and premises £48,750 2 Diesel 4,350 Subway sales (inc VAT) £134,000 ATM £2,000 3 Diesel 4,350 Lottery sales £88,258 The 2018/2019 Uniform Business Rate is 49.3 pence. 4 Unleaded 34,918 ETop Up sales £14,384 The proposed Uniform Business Rate rate for 2019/2020 5 Super Unleaded 8,700 is 49.1 pence. 6 Diesel 26,530 • Fuel Volume and Subway sales: January-December 2018 trading figures. Total 87,448 • Shop Turnover: December 2017-November 2018 EPC trading figures. The petrol filling station has an EPC rating of C (66). The We understand that all of the tanks are of single skinned full EPC Report and Recommendation are available upon steel construction. Tanks 1-3 were installed in 1966, tank request. 4 was installed in 1980 and tanks 5 and 6 were installed in 1993. Tank data is taken from information available and will not be warranted. McCOL L’ S P O R T F O L I O | Deepcar Service Station 5
FERRYBRIDGE SERVICE STATION Ferrybridge Road, Pontefract, West Yorkshire, WF8 2PB DESCRIPTION The property is a well-established petrol filling station and forecourt shop with ancillary areas measuring approximately 186 sq m (2,005 sq ft). FORECOURT SHOP The forecourt shop has a good retail offer including a range of groceries, National Lottery terminal, off licence and an external ATM. The retail offer is well established, serving the local area as well as passing traffic. An office, store, kitchen and WC are also provided. FORECOURT The forecourt offers four filling points across two pump islands in a linear configuration, with one six-hose and one four-hose dispenser offering a combination of unleaded, diesel and premium unleaded fuel. An incoming operator could add parcel delivery boxes or enhance the valeting facilities to increase the income, subject to obtaining the necessary consents. SUMMARY Forecourt services include an air and water machine and • Strong ‘walk on’ trade from the surrounding • Sales area measuring 95 sq m a car vacuum machine. residential catchment (1,024 sq ft) on a site of 0.035 of a hectare • 2018 trading performance of 1,188,790 litres and (0.08 of an acre) shop turnover (inc. VAT) of £904,216 per annum • Offers are invited for the leasehold interest McCOL L’ S P O R T F O L I O | Ferrybridge Service Station 6
14 31.7m El Sub Sta AVENUE 4 23 9 NEVISON 29 Manor 48 43 Veiw c 41 33 36 Shelter b 41 OPENING HOURS SITE AREA 1 21 NEVISON AVENUE The site is open from 06:00 to 22:00, Monday to The site has an area of approximately 0.035 of a hectare Grasmere 5 60 84 88 41 LB Saturday and 07:00 to 22:00 on Sunday. (0.08 of an acre). 1 18 TCB 28.7m 44 LOCATION TENURE 33 2 Garage 4 1 Pontefract is a town in West Yorkshire. It is approximately The property is held leasehold by our client under Title 32 11 17 30 kilometres (19 miles) south-east of Leeds city centre. Number WYK919027. 22 THE CO URTY ARD It has a population recorded in the 2011 Census of 30,881. 2 McColls Service Station, Ferrybridge Road, Pontefract WF8 2PB 8 A summary of the lease terms: 20 12 The property is on Ferrybridge Road (A629) approximately Current Landlord APA Ltd one and a half kilometres (one mile) north-east of NE Tenant Martin McColl Limited W HA LL RO AD Pontefract town centre. Gas Gov Lease Term 20 years 1 Surrounding land uses are predominantly residential Lease Expiry 07/02/2030 7 and provide a healthy walk on trade. The property has Remaining Term 10 years and 10 months Post established itself as a convenience store for the local area Rent £33,122 per annum 0m 10m 20m 30m as well as passing traffic. Nearby commercial occupiers Five yearly, fixed 2% Ordnance Survey © Crown Copyright 2019. All rights reserved. include a car repair centre which is situated immediately Rent Review basis compounded Licence number 100022432. Plotted Scale - 1:1250 CBRE Plan behind the subject property. Next Rent Review 08/02/2020 Date ACCOMMODATION Inside 54 Act Yes Sq m Sq ft A copy of the lease and title documents can be provided Retail Shop 95 1,024 upon request. Ancillary 91 981 Total 186 2,005 PLANNING The property is in an area administered by Wakefield The above areas have been calculated on an Council. We recommend that interested parties make approximate gross internal area basis and should be their own enquiries to the Council. verified by the purchaser. McCOL L’ S P O R T F O L I O | Ferrybridge Service Station 7 nce Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000
RATEABLE VALUE 2017 Rating List: Description Rateable value Petrol filling station and premises £20,250 The 2018/2019 Uniform Business Rate is 49.3 pence. The proposed Uniform Business Rate for 2019/2020 is 49.1 pence. EPC The petrol filling station has an EPC rating of C (62). The full EPC Report and Recommendation are available upon request. TANK INFORMATION Tank number Grade Capacity (litres) 1 Super unleaded 9,700 TRADING INFORMATION 2 Unleaded 9,700 3 Unleaded 29,100 Fuel Volume (litres) 1,188,790 4 Diesel 19,400 Shop Turnover (inc VAT) £904,216 5 Diesel 19,400 Lottery sales £129,231 Total 87,300 ETop Up sales £22,072 We understand that three tanks are of single skinned construction and two tanks are double skinned. Tanks 3-4 were installed in 2010 and the age of the other tanks is • Fuel Volume: January - December 2018 trading figures. unknown. Tank data is taken from information available and will not be warranted. • Shop Turnover: December 2017 - November 2018 trading figures. McCOL L’ S P O R T F O L I O | Ferrybridge Service Station 8
EYEMOUTH SERVICE STATION Coldingham Road, Eyemouth, Berwickshire, Scotland, TD14 5AN DESCRIPTION The property comprises a modern petrol filling station and forecourt shop with ancillary areas measuring a total of 225 sq m (2,472 sq ft). A restaurant is situated to the south of the forecourt shop which is currently occupied on a sublease and measures 179 sq m (1,927 sq ft). FORECOURT SHOP The forecourt shop has a good retail offer including a range of groceries, household goods, National Lottery terminal, off licence and an external ATM. An office, store, kitchen and customer WC are also provided. We understand that a post office counter will soon be installed within the forecourt shop, providing an additional draw to the site. FORECOURT The forecourt offers six filling points across three pump islands arranged in a linear layout. There is one six-hose, one quad-hose and one duo-hose dispenser. LPG is SUMMARY provided by a mono-hose dispenser. • Limited competition from other petrol stations • The site benefits from £9,111 annual additional Forecourt services include three jet wash machines and in the local area income from a sub-let restaurant an air and screen wash machine. • Strong ‘walk on’ trade from the surrounding • 2018 trading performance of 2,031,719 litres and residential catchment area shop turnover of £1,013,055 (inc VAT) • Sales area measuring 132 sq m (1,424 sq ft) • Offers are invited for the leasehold interest McCOL L’ S P O R T F O L I O | Eyemouth Service Station 9
Motel SITE AREA TO The site has an area of approximately 0.29 of a hectare LL B (0.72 of an acre). RID GE RO AD TENURE El S ub S ta The property is held leasehold by our client under Title Tanks Number BER4616. A summary of the lease terms: Current Landlord Beeden Ltd A1 10 Tenant Martin McColl Limited 7 Lease Term 20 years Lease Expiry 21/03/2030 Remaining Term 11 years OPENING HOURS ACCOMMODATION 0m 10m 20m Tank 30m Ordnance Survey © Crown Copyright 2019. All rights reserved. Rent £99,367 per annum The site is open from 06:00 to 23:00, seven days a week. ance Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000 Licence number 100022432. Plotted Scale - 1:1250 Sq m CBRE Plan Sq ft CBRE Map Rent Review basis Five yearly, fixed 2% compounded Retail shop 132 1,424 Next Rent Review 22/03/2020 LOCATION Kitchen 3 32 Date Eyemouth is a town in Berwickshire on the east coast of Store 68 732 A copy of the lease, title documents and restaurant Scotland. It is approximately 82 kilometres (51 miles) Office 9 97 sub-lease can be provided upon request. east of Edinburgh and 118 kilometres (73 miles) north Ancillary 5 53 of Newcastle upon Tyne. Eyemouth has a population recorded in the 2011 Census of 3,546. Staff WC 3 30 PLANNING WC 5 59 The property has a roadside presence on the A1107. The property is in an area administered by Scottish Restaurant 179 1,927 McColl’s Eyemouth is approximately 0.8 kilometres Borders Council. We recommend that interested parties (0.5 miles) from Eyemouth town centre. The surrounding Total 404 4,354 make their own enquiries to the Council. area comprises a mixture of industrial and residential land uses. The above areas have been calculated on an approximate gross internal area basis and should be verified by the purchaser. McCOL L’ S P O R T F O L I O | Eyemouth Service Station 10
RATEABLE VALUE TANK INFORMATION TRADING INFORMATION 2017 Rating List: Tank Fuel Volume (litres) 2,031,719 Grade Capacity (litres) Description Rateable value number LPG Volume (litres) 17,745 Petrol filling station and premises £68,700 1 Unleaded 13,240 Shop Turnover (inc VAT) £1,013,055 Advertising £650 2 Diesel 22,067 Lottery sales £119,865 Restaurant £10,500 3 Unleaded 35,308 ETop Up sales £26,346 4 Super Unleaded 13,240 In 2018/2019, the standard poundage is 48.0 pence. Other Income (restaurant) £9,111 per annum 5 Diesel 22,067 The proposed standard poundage rate for 2019/2020 is 51.6 pence. Total 105,922 • Fuel & LPG Volume: January - December 2018 trading figures. We understand that all of the tanks are of single skinned • Shop Turnover: December 2017 - November 2018 EPC steel construction and were installed in 1992. Tank trading figures. The petrol filling station has an EPC rating of E (71). data is taken from information available and will not be The full EPC Report and Recommendation are available warranted. upon request. McCOL L’ S P O R T F O L I O | Eyemouth Service Station 11
COAL ASTON SERVICE STATION Dyche Lane, Coal Ashton, Sheffield, South Yorkshire, S18 3AA DESCRIPTION The property is an established petrol filling station and forecourt shop, situated adjacent to a specialist car dealer. The surrounding area is predominantly residential in character providing a healthy ‘walk on’ trade. To the immediate north of the filling station is Ferndale Nursey and Garden Centre. FORECOURT SHOP The forecourt shop has a good retail offer including a range of groceries, household goods, an off-licence, a National Lottery terminal and a pharmacy section. The retail sales area measures 173 sq m (1,852 sq ft). FORECOURT The property has a Gulf branded forecourt which offers eight filling points across four pump islands. There are two quad-hose dispensers and two six-hose dispensers serving unleaded, diesel and premium diesel fuel. Forecourt services also include an air machine and a car SUMMARY vacuum machine. • Gulf branded forecourt with McColl’s branded • 2018 trading performance of circa 3,117,062 litres forecourt shop per annum and shop turnover (inc VAT) of £719,924 • Sales area measuring 173 sqm (1,852 sq ft) on a • Offers are invited for the leasehold interest OPENING HOURS site of 0.22 of a hectare (0.55 acres) The site is open from 06:00 to 22:00, Monday to Saturday and 07:00 to 22:00 on Sunday. McCOL L’ S P O R T F O L I O | Coal Aston Service Station 12
SITE AREA Ferndale Garden Centre The site has an area of approximately 0.22 of a hectare (0.55 of an acre). Track Walvic 183.5m 1 Tank Garage TENURE 6 The property is held leasehold by our client under Title 2 1 Number DY310811. 1a 2 6 184.0m A summary of the lease terms: 10 2 AVENUE LB THORPE Current Landlord Sheaf Motors of Coal Aston Ltd 5 10 11 7 12 Holly Tree Tenant Martin McColl Limited 1 Cottage 14 Well Moor View Lease Term 20 years Farm 19 18 16 15 185.4m ED 0m 10m 20m 30m Bd Lease Expiry 05/09/2026 y The Chequers LOCATION ACCOMMODATION Ordnance Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250 CBRE Plan Remaining Term 6 years and 6 months Ordnance Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000 Coal Aston is in north east Derbyshire which lies less than Rent £90,000 per annum one and a half kilometres (one mile)CBRE Map north of Dronfield. Sq m Sq ft Rent Review basis Five yearly to open market value Dronfield is a town approximately eleven kilometres Shop 173 1,852 (seven miles) south of Sheffield and ten kilometres Next Rent Review Office 5 56 06/09/2021 six miles) north of Chesterfield. According to the 2011 Date Census it has a population of approximately 21,261. Bakery 14 149 Inside 54 Act Yes Store 1 48 515 The property is on the west side of Dyche Lane A copy of the lease and title documents can be provided WC 4 5 approximately 1.5 kilometres (one mile) north of Dronfield upon request. town centre. The A61, Chesterfield Road South is less Total 244 2,577 than 1.5 kilometres (one mile) to the west of the property. The above areas have been calculated on an The property has established itself as a convenience approximate gross internal area basis and should be store for the local area as well as passing traffic. Nearby verified by the purchaser. occupiers include Auriga Cars, Ferndale Nursery & Garden Centre and Coco Beauty Spa. McCOL L’ S P O R T F O L I O | Coal Aston Service Station 13
PLANNING TANK INFORMATION The property is an area administrated by Derbyshire County Council. We recommend that interested parties Tank number Grade Capacity (litres) make their own enquiries to the Council. 1 Unleaded 40,000 2 Super Unleaded 20,000 RATEABLE VALUE 3 Super Diesel 20,000 2017 Rating List: 4 Diesel 40,000 Total 120,000 Description Rateable value Petrol filling station and premises £35,000 We understand that all of the tanks are of double skinned ATM £2,000 steel construction and were installed in 2006. Tank data is taken from information available and will not be The 2017/2018 Uniform Business Rate is 49.3 pence. warranted. The proposed Uniform Business Rate for 2019/2020 is 49.1 pence. TRADING INFORMATION EPC Fuel Volume (litres) 3,117,062 The petrol filling station has an EPC rating of B(47). The Shop Turnover (inc VAT) £719,924 full EPC Report and Recommendation are available upon Lottery sales £81,471 request. ETop Up sales £20,547 • Fuel Volume: January - December 2018 trading figures. • Shop Turnover: December 2017 - November 2018 trading figures. McCOL L’ S P O R T F O L I O | Coal Aston Service Station 14
LONGTON SERVICE STATION 314 Lightwood Road, Longton, Stoke-on-Trent, Staffordshire, ST3 4JP DESCRIPTION The property is a modern forecourt shop with ancillary areas measuring approximately 186 sq m (1,528 sq ft) with a Jet branded petrol forecourt. FORECOURT SHOP The forecourt shop has a retail offer including a range of groceries, a National Lottery terminal and off-licence. There is a Lavazza Express Plus branded hot drinks machine and an external ATM. An office, store with kitchenette and WC are also provided. FORECOURT The forecourt offers eight filling points across four pump islands arranged in a diagonal layout, with four quad-hose ‘Gilbarco’ branded dispensers offering a combination of unleaded and diesel grades of fuel. Forecourt services include an air and water machine and a car vacuum machine. SUMMARY • Prominent location with frontage to Lightwood Road • Sales area measuring 139 sq m (1,496 sq ft) (A5005) and Belgrave Road (B5038), Stoke-on-Trent on a site of 0.08 of a hectare (0.19 of an acre) OPENING HOURS • Strong ‘walk on’ trade from the surrounding • 2018 trading performance of circa 3,126,101 litres The site is open from 06:00 to midnight, Monday to residential catchment area and shop turnover (inc VAT) of £643,075 Saturday and 08:00 to midnight on Sunday. • Offers are invited for the leasehold interest McCOL L’ S P O R T F O L I O | Longton Service Station 15
LOCATION SITE AREA Stoke-on-Trent is a city in Staffordshire approximately The site has an area of approximately 0.08 of a hectare 72 kilometres (45 miles) north of Birmingham and 65 (0.19 of an acre). kilometres (40 miles) south of Manchester. According to the 2011 Census Stoke-on-Trent has a population of 270,726. TENURE The property is held leasehold by our client under Title The property is on the west side of Lightwood Road Number SF310616. Jet Filling Station (A5005) approximately six and a half kilometres (four Lightwood Road Stoke-on-Trent miles) south-east of the city centre. The surrounding area A Summary of the underlease terms: ST3 4JP is predominantly residential in character. Current Landlord Conocophillips Limited Tenant Martin McColl Limited 31 Nearby occupiers include a Co-op convenience store, a 28 9 35 30 32 public house and a tyre and exhaust unit. Also, nearby Lease Term 11 years, 6 months 27 4 11 13 15 is the Belgrave St. Bartholomew’s Academy which has LEN 29 Lease Expiry 04/04/2022 43 N OX 9 D ROA OLL ATH approximately 484 students. R OA 42 D 44 Remaining Term 3 years, one month 6 28 55 52 Rent £37,000 per annum 30 1 Ordnance Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000 LI GH TW ACCOMMODATION OO Rent Review basis Five yearly, based on turnover CBRE Map D RO 67 8 AD 29 30 64 9 Sq m Sq ft Next Rent Review 10/09/2020 Retail Shop 139 1,496 Date 79 31 9 Inside 54 Act Yes 76 Ancillary 47 32 0 31 5 Total 186 1,528 A copy of the Underlease and Title Documents can be LB 221 provided upon request. 209 2a The above areas have been calculated on an 154.0m 32 1 150.0m BELGRAVE ROAD approximate gross internal area basis and should be verified by the purchaser. PLANNING El Sub Sta The property is in an area administered by Stoke-on-Trent FLORENCE City Council. We recommend that interested parties make their own enquiries to the Council. The New Florence (PH) 0m 10m 20m 30m Belgrave C of E (C) Primary School SU Ordnance Survey © Crown Copyright 2019. All rights reserved. SS Licence number 100022432. Plotted Scale - 1:1250 EX PL McCOL L’ S P O R T F O L I O | Longton Service Station 16 AC E CBRE Plan
RATEABLE VALUE TANK INFORMATION TRADING INFORMATION 2017 Rating List: Tank number Grade Capacity (litres) Fuel Volume (litres) 3,126,101 Description Rateable value 1 Unleaded 8,730 Shop Turnover (inc VAT) £643,075 Petrol filling station and premises £41,500 2 Unleaded 27,300 Lottery sales £124,365 Automated Teller Machine £3,750 3 Diesel 18,200 ETop Up sales £27,356 The 2018/2019 Uniform Business Rate is 49.3 pence. 4 Diesel 18,200 The proposed Uniform Business Rate for 2019/2020 is Total 72,430 • Fuel Volume: January - December 2018 trading 49.1 pence. figures. We understand that all of the tanks are of single skinned • Shop Turnover: December 2017 - November 2018 steel construction and were installed pre-1993. Tank trading figures. EPC data is taken from information available and will not be The petrol filling station has an EPC rating of B(47). The warranted. full EPC Report and Recommendation are available upon request. McCOL L’ S P O R T F O L I O | Longton Service Station 17
TAMWORTH SERVICE STATION 78 Glascote Road, Tamworth, Staffordshire, B77 2AF DESCRIPTION The property is a modern forecourt shop with ancillary areas measuring approximately 318 sq m (3,423 sq ft) with Gulf branded petrol forecourt. There is an adjacent workshop measuring 198 sq m (2,131 sq ft). FORECOURT SHOP The forecourt shop has a retail offer including a range of groceries, National Lottery terminal, off-licence, Paypoint and Amazon branded lockers. There is a ‘Costa’ branded hot drinks machine and a Subway concession. Externally there are two ‘Cashzone’ built-in ATM’s. An office, store, kitchen and WC are also provided. FORECOURT The forecourt offers ten filling points across five pump islands arranged in a domino layout, with one duo-hose, three quad-hose and one six-hose ‘Gilbarco’ branded dispensers offering a combination of unleaded, diesel and both grades of premium fuel. SUMMARY Forecourt services include an air and water machine and • Prominent location with frontage to Glascote Road • Sales area measuring 238 sq m (2,562 sq ft) a car vacuum machine. (B5000), Tamworth on a site of 0.16 of a hectare (0.41 of an acre) • Strong ‘walk on’ trade from the surrounding • 2018 trading performance of circa 3,930,716 litres residential catchment area litres and shop turnover (inc VAT) of £1,323,828 OPENING HOURS • Benefits from existing Subway concession • Offers are invited for the leasehold interest The site is open 24 hours, seven days a week. McCOL L’ S P O R T F O L I O | Tamworth Service Station 18
7 8 84 13 6a 6 5 4a SITE AREA 3 4 SUMM El Sub Sta ERFI ELD C 2a LO SE 1 The site has an area of approximately 0.16 of a hectare 2 2 Sta nley Pla 1 ce 73 (0.41 of an acre). 2 89 1 69.5m 109 111 Gendle Court 123 TENURE 71.5m 18 135 1 to GLASC OTE R OAD William McGregor Primary School The property is held leasehold by our client under Title 71.5m 106 110 Number SF568430. Garage A summary of the lease terms: 2 Current Landlord Al Badr Investments Ltd FB Tenant Martin McColl Limited Pond 37 Lease Term 20 years Day Nursery 7 Lease Expiry 05/09/2030 Playing Field SE Remaining Term 11 years and 6 months R CLO 32 ARBO Rent £104,888 per annum Rent Review basis Five yearly, fixed 2% compounded 12 LOCATION ACCOMMODATION 14 1 Next Rent Review 06/09/2020 0m 10m 20m 30m 27 5 6 Tamworth is a large market town in Staffordshire Ordnance Survey © Crown Copyright 2019. All rights reserved. Sq m Sq ft Date Licence number 100022432. Plotted Scale - 1:1250 approximately © Crown Copyright 2019. 22 All rights reserved. Licence number kilometres 100022432. (14 miles) north-east of Plotted Scale - 1:50000 CBRE Plan Inside 54 Act Yes Retail Shop 238 2,562 Birmingham. According to the 2011 CBRE Census Map it has a population of approximately 76,900. Ancillary 80 861 A copy of the lease and title documents can be provided Basement workshop 198 2,131 upon request. The property is on the south side of Glascote Road Total 516 5,554 (B5000) approximately 1.5 kilometres (one mile) east of the town centre. The surrounding area is predominantly The above areas have been calculated on an residential in character. approximate gross internal area basis and should be verified by the purchaser. The basement workshop area Nearby occupiers include a Co-op convenience store, has been taken from VOA. a local estate agent and other local retail. McCOL L’ S P O R T F O L I O | Tamworth Service Station 19
PLANNING TANK INFORMATION The property is in an area administered by Tamworth Borough Council. We recommend that interested parties Tank number Grade Capacity (litres) make their own enquiries to the Council. 1 Unleaded 43,200 2 Diesel 35,000 RATEABLE VALUE 3 Super unleaded 87,000 2017 Rating List: 4 Super diesel 13,200 Total 178,400 Description Rateable value Petrol filling station and premises £98,000 We understand that all of the tanks are of single skinned Automated Teller Machine 1 £3,750 steel construction and were installed pre-1998. Tank data is taken from information available and will not be Automated Teller Machine 2 £3,750 warranted. Basement workshop £7,428 The 2018/2019 Uniform Business Rate is 49.3 pence. TRADING INFORMATION The proposed Uniform Business Rate for 2019/2020 is 50.4 pence. Fuel Volume (litres) 3,930,716 Shop Turnover (inc VAT) £1,323,828 EPC Subway sales (inc VAT) £233,000 The petrol filling station has an EPC rating of C (70). Lottery sales £131,579 The full EPC Report and Recommendation are available ETop Up sales £16,318 upon request. • Fuel Volume & Subway sales: January - December 2018 trading figures. • Shop Turnover: December 2017 - November 2018 trading figures. McCOL L’ S P O R T F O L I O | Tamworth Service Station 20
ROUGHTON SERVICE STATION Norwich Road, Roughton, Norwich, Norfolk NR11 8SJ DESCRIPTION The property is a Gulf branded petrol filling station with a McColl’s branded forecourt convenience store with post office concession. FORECOURT SHOP The forecourt shop has a retail offer including a range of groceries, National Lottery terminal, off-licence, a ‘Nescafe Alegria’ hot drinks machine, a ‘Roll Over’ branded hot food offer and both an internal and external ATM. An office, store, kitchen and WC are also provided. Externally, the forecourt shop offers flowers, solid fuels and Calor Gas. FORECOURT The forecourt is arranged in an offset linear layout with three quad-hose dispensers and one mono-hose LPG dispenser. The dispensers are Gilbarco branded offering a combination of unleaded and diesel grade fuels. SUMMARY • Prominent location with frontage to Norwich Road • Sales area measuring 152 sq m (1,636 sq ft) Forecourt services include one jet wash machine, (A140), Roughton on a site of 0.11 of a hectare (0.24 of an acre) an air and water machine and a car vacuum machine. • Strong ‘walk on’ trade from the surrounding • 2018 trading performance of circa 2,564,328 litres residential catchment area and shop turnover (inc VAT) of £1,192,147 • Offers are invited for the leasehold interest OPENING HOURS The site is open 24 hours a day, seven days a week. McCOL L’ S P O R T F O L I O | Roughton Service Station 21
LOCATION SITE AREA Roughton is a village in the county of Norfolk. It has a The site has an area of approximately 0.11 of a hectare population recorded in the 2011 Census of (0.24 of an acre). 571. The village is between Cromer and Norwich in the county of Norfolk. TENURE The property is on Norwich Road (A140) approximately The property is held leasehold by our client under Title six and a half kilometres (four miles) south of Cromer and Number NK409506. McColl’s Service Station Norwich Road approximately 32 kilometres (20 miles) north of Norwich. Roughton Norwich A summary of the lease terms: NR11 8SJ The property occupies a prominent roadside position to Current Landlord Storecrown (Roughton) Limited Ha the west of Norwich Road (A140). The surrounding area go Track Springhaven Tenant Martin McColl Limited nB is predominantly residential in character. The site benefits ec from good road communications being on the main road k Post Lease Term 20 years New Inn linking Cromer to Norwich. (PH) Flint Cottage Lease Expiry 11/04/2031 We Roughton stb ury Lodge Nearby occupiers include the Fish Shop restaurant and a Remaining Term 12 years W i Th e llo ws e Br oo ks id public house called The New Inn Roughton. Rent £115,928 per annum Ordnance Survey © Crown Copyright 2019. All rights reserved. Licence number 100022432. Plotted Scale - 1:50000 Ppg B1 Sta CBRE Map 436 Rent Review basis Five yearly, fixed 2% compounded Ho Next Rent Review ACCOMMODATION tsp 12/04/2021 ur Oa kda le Date Me Sq m Sq ft ado Filling LB Inside 54 Act Yes w Vie w Station PO Retail Shop 152 1,636 Pippins A copy of the lease and title documents can be provided Ancillary 52 560 Three upon request. AD Willow Chads Total 204 2,196 RO Gables House Cottage IKE Brimbles The above areas have been calculated on an Well PLANNING NP age Lodge ll UR We Cott approximate gross internal area basis and should be DT Th Lil e Well ac OL The property is in an area administered by North Norfolk Th s House verified by the purchaser. Ch e im es ge District Council. We recommend that interested parties od otta wo nd C Ce se lan Ro din Stra make their own enquiries to the Council. es We edy ban k MS Lime Tree House 9 C hu rch V iew The Nes AD t 0m 10m 20m 30m Wo RO ods tock R os CH McCOL L’ S P O R T F O L I O | Roughton Service Station 22 holm Ordnance Survey © Crown Copyright 2019. All rights reserved. e number 100022432. Plotted Scale - 1:1250 I Licence RW CBRE Plan NO
RATEABLE VALUE 2017 Rating List: Description Rateable value Petrol Filling Station and Premises £66,000 Advertising right and premises £900 Site of ATM and premises £1,300 The 2018/2019 Uniform Business Rate is 49.3 pence. The proposed Uniform Business Rate for 2019/2020 is 50.4 pence. EPC The petrol filling station has an EPC rating of C (75). The full EPC Report and Recommendation are available upon request. TANK INFORMATION TRADING INFORMATION Tank number Grade Capacity (litres) 1 Unleaded 18,000 Fuel Volume (litres) 2,564,328 2 Unleaded 36,000 LPG Volume (litres) 73,648 3 Diesel 9,000 Shop Turnover (inc VAT) £1,192,147 4 Diesel 26,373 Post Office commission £4,400 5 LPG 10,000 Lottery sales £98,388 Total 99,373 ETop Up sales £16,877 We understand that all of the tanks are of single skinned steel construction. Tanks 1 and 2 were installed in 1981 and tanks 3 and 4 were installed in 1986. Tank data is taken from • Fuel & LPG Volume: January - December 2018 trading figures. information available and will not be warranted. • Shop Turnover: December 2017 - November 2018 trading figures. McCOL L’ S P O R T F O L I O | Roughton Service Station 23
FUEL TIE AGREEMENT CONTACT & VIEWINGS Available on request. The sites are operational and the sale is strictly confidential. Under no circumstances should enquiries be made with the site staff and the utmost discretion is required should interested parties visit the site. PROPOSAL To discuss this opportunity in more detail please contact: Leasehold offers are invited for the portfolio and on an individual site basis. The vendor has a preference to sell Graham Toyn Adam Fotheringham the whole portfolio to one party. Associate Director Associate Director t: +44 (0)20 1782 3367 t: +44 (0)20 7182 2285 e: graham.toyn@cbre.com e: adam.fotheringham@cbre.com TUPE Tom Riding TUPE regulations will apply and the successful purchaser Associate Director will be responsible for employment of all staff. An t: +44 (0)113 394 8822 employee schedule will be made available to the e: tom.riding@cbre.com successful purchaser. CBRE Limited Petroleum & Automotive, Advisory & Transaction Services ENVIRONMENTAL St Martin’s Court, 10 Paternoster Row, London, EC4M 7HP All sites will be sold without an environmental report. t: +44 (0)20 7182 3060 SUBJECT TO CONTRACT FIXTURES & FITTINGS All fixtures and fittings will remain with the exception of Tills/Back office and CCTV equipment which is bespoke to McColl’s requirements. Disclaimer: CBRE Limited, April 2019 Important notice relating to the Misrepresentation Act 1967. CBRE acting for itself and the vendor as agents for the vendor give notice that: 1. We provide the information contained in these particulars for guidance to intending purchasers, licensees or any other third parties and they are for your general information only and will be used at your own risk. 2. We will use all reasonable endeavours to ensure the accuracy of infor- mation, however, we do not guarantee or warrant the accuracy or completeness, factual correctness or reliability of any information in the particulars (especially as the information may have been obtained from third parties) and do not accept any liability for any errors or omission including any inaccuracies or typographical errors. 3. Any interested purchasers, licensees or any third parties should not view the information in the particulars as statements or representations of fact and should satisfy themselves that the facts and specific details in the particulars are correct and accurate especially in relation to floor areas and other measurements through inspection or other means, as appropriate, and will be responsible for taking independent surveys or valuations before entering into any legally binding transaction in respect of the property or premises that is the subject matter of these particulars. 4. We have not made any investigations or otherwise of any issues concerning pollution and potential land, building, air or water contamination. Prospective purchasers, licensees or any third parties must undertake their own enquiries and satisfy themselves in this regard. 5. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. McCOL L’ S P O R T F O L I O 24
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