This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

920 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Essar Spalding Service Station London Road Little London

779 SF Retail Building Spalding PE11 2TP $3,787,833 CAD ($4,862 CAD/SF) 8.63% Cap Rate

Retail Space Lincolnshire Spalding London Road Little London, Spalding, LIN PE11 2TP

Investment Highlights

  • Prime service station located on London Road in Spalding
  • Benefitting from annual CPI 1%-3% uplifts AND a five-yearly review to market rental value (if higher)
  • Let to Essar Oil (UK) Limited (£268m net worth) on an FRI lease until March 2044

Executive Summary

Recently leased to Essar Oil (UK) Limited (t/a Essar), one of the few UK oil companies with its own refinery and part of a major conglomerate with a global net worth of approx. $8 billion

Attachments

Essar Spalding Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Service Station
Building Size
779 SF
Year Built
1950
Price
$3,787,833 CAD
Price Per SF
$4,862 CAD
Cap Rate
8.63%
NOI
$326,734 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
0.35 AC
Frontage
77 ft on Little London

Links

1 of 1

Nearby Major Retailers

ALDI
Londis
The Co-operative Food
Heron Foods
Barclays
Iceland
Sainsbury's
Lidl
Prezzo
Puregyms
+44 1775 668886

  • Listing ID: 32243155

  • Date on Market: 2024-06-25

  • Last Updated:

  • Address: London Road Little London, Spalding PE11 2TP

The Retail Property at London Road Little London, Spalding, PE11 2TP is currently available For Sale. Contact Prideview Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
London Road Little London, Spalding for sale Primary Photo- Image 1 of 2
Essar Spalding

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Essar Spalding Service Station | London Road Little London
+44 1775 668886 x

Essar Spalding Service Station | London Road Little London

1/3

Pritesh Patel

+44 1775 668886

+44 1775 668886

Sejal Kamani

+44 1775 668886

+44 1775 668886

Priyesh Patel

+44 1775 668886

+44 1775 668886

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link