Investments / Standard Life acquires Morrisons petrol filling station
Standard Life Investments have acquired the Morrisons petrol filling station at First Point, Doncaster for £3 million.
The property is located just 300 yards from the 89,000 sq ft Morrisons foodstore that was developed by Catesby and funded by Standard Life last year.
The petrol filling station is let to Morrisons for a further 23¾ years with 5 yearly rent reviews geared to RPI, subject to a collar/cap of 1 – 3% pac.
Price: £3 million
Type: Investment Purchase