Asda Express, Murdock Road, Pride Park, Derby, DE24 8ZY
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£2,775,000
Jun 2025
Atlas Real Estate has recently acted on the disposal of a prime petrol filling station and drive thru investment, on behalf of a property company client.
The property is located on Pride Park, Derby’s most established commercial location.
The property comprises a newly developed petrol filling station and drive-thru outlet on a site of 1.77 acres.
The property is let to Asda Express Ltd for a further 26.25 years at a rent of £165,000 per annum. The lease is held on FRI terms with 5 yearly reviews to RPI collared at 2.0% and capped at 4.0% per annum compounded.
The property sold for £2,775,000 which reflects a net initial yield of 5.59%.
The purchaser was a private investor represented by Strettons.
