_Knight Frank sells Esso Morrison petrol station in Hengrove Way, Bristol for £3.9 million
The Automotive Division of Knight Frank in Bristol has sold the Esso Morrison’s petrol station in Hengrove Way, Bristol for £3.9 million.
February 26, 2018
Acting on behalf of vendor Dwyer Property, Knight Frank sold the freehold of the 2,962 sq ft premises to a private buyer in a deal representing a net initial yield of 4.85%.
Adam Chapman, partner in the Automotive Division at Knight Frank, said: “The site has an unexpired occupier lease of 20 years at a current annual rental income of £202,000.”