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104 Franklynn Rd 4,985 sq ft Retail Property Haywards Heath RH16 4DN £3,000,000 (£601.81/sq ft) 7% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Modern petrol filling station
- Spacious forecourt
- Self-contained office accommodation at first floor
EXECUTIVE SUMMARY
Freehold, purpose-built petrol filling station and convenience store with self-contained offices on a prominent 0.44-acre site.
Guiding £3,000,000 (Three Million Pounds), exclusive of VAT, reflecting an attractive Net Initial Yield of 7.0% based on the March 2026 rent increase and assuming standard purchasers costs.
Guiding £3,000,000 (Three Million Pounds), exclusive of VAT, reflecting an attractive Net Initial Yield of 7.0% based on the March 2026 rent increase and assuming standard purchasers costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Service Station
Property Size
4,985 sq ft
Costar Property Class
B
Year Built
1972
Price
£3,000,000
Price per sq ft
£601.81
Yield
7%
NOI
£210,000
Tenancy
Single
Number of Floors
2
Plot ratio
0.33
Total Plot Size
0.35 ac
Parking
19 Spaces (3.81 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Security System
- Signage
- EPC - D
- Storage Space
- Air Conditioning
- Smoke Detector
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104 Franklynn Rd
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