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Pembury Petrol Filling Station Investment
Address
See address
Auction date
30 Oct 2025
Guide price
£2,550,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
Freehold Convenience Store & Petrol Filling Station Investment
- Entirely let to Rontec Properties (No. 4) Limited, with guarantee from Rontec Roadside Retail Limited
- Recently extended lease until June 2045 with a tenant break option in June 2040
- Fixed annual uplifts of 2.00%
- Rent increasing to £182,847 in 2030 and £201,878 by 2035
- Trading as Morrisons Local and Esso, offers 24-hour service
- Located at a busy crossroad near Tunbridge Wells Hospital
- Total site area is 0.11 Ha (0.28 Acres)
Last update: 05 Oct 2025
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Auction Date
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Guide Price
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This substantial freehold public house is currently let to Marston's Estates Ltd until June 2054 with no breaks, providing a long income. The property includes a beer garden and is located in a prominent position along Church Road, close to popular leisure amenities and Tunbridge Wells Railway Station. The property's rent will increase to a minimum of £204,593 per annum by June 2029 due to RPI linked rent reviews occurring every five years, which have a cap and collar feature.
Auction Date
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Guide Price
£2,400,000