Prime Long Income London Car Dealership Investment Opportunity

42 Portsmouth Road, Long Ditton, LON, KT6 5PZ, UK

描述

JLL are pleased to present the BMW & MINI Thames Ditton investment at KT6 5PZ. This opportunity offers a prime, long-income car dealership investment situated in a wealthy suburb of southwest London.

This modern facility is fitted to BMW & MINI corporate specifications and situated on a freehold 2.35-acre site with a current passing rent of £852,756 per annum. The site includes an expansive 40,027 sq ft of dealership space and 301 parking spaces, all let to Marsh Wall Limited for 20 years from 2020, providing a robust 14.8 years unexpired lease term. The lease includes 5-yearly RPI-linked rent reviews, with caps and collars ensuring stable income growth.

Located on Portsmouth Road, the property has strong connectivity, with Thames Ditton and Surbiton train stations only 0.75 miles away. The area's affluent demographic, characterised by high-value housing and a significant percentage of prosperous professionals, supports substantial residual value for alternative uses, enhancing the site's development potential.

The potential for future residential development or mixed-use projects makes this asset not only a secure income investment but also a strategic landholding with considerable value-add potential.

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属性

建筑净面积

3,719 平方米

占用率

100%

建成年份

2000

土地总面积

3,719 平方米

加权平均未到期租赁期

14.8 年

媒体

投资亮点

Freehold car dealership investment on a 2.35‑acre site
Two modern BMW and MINI facilities totalling 40,027 sq ft with 301 parking spaces.
Prominent frontage on Portsmouth Road (A307) in an affluent southwest London suburb.
Passing rent £852,756 per annum on a 20‑year lease from September 2020 with 14.8 years unexpired.
5-yearly RPI‑linked rent reviews, subject to a 2–4% cap and collar; no breaks; FRI lease.
Strong covenant: Marsh Wall Limited (Berry Group), multi‑site premium automotive operator.
Accessible location near Thames Ditton and Surbiton stations, with good links to A3 and M25.
Identified alternative‑use potential supported by pre‑application discussions for residential redevelopment.

Offers sought in excess of £13,885,000, providing a net initial yield of approximately 5.75%.