.Hindley Lawrence successfully concluded the sale of this well let PFS investment to Millhope Investments Limited on 19.06.2025

We are pleased to announce the successful disposal of the freehold investment comprising a SPAR Convenience Store and BP Filling Station strategically located at The Grove, Dorchester. The property benefits from a secure income profile with 13.5 years unexpired lease term to Wessex Retail Limited (guaranteed by SPAR Group), current passing rent of £167,914 per annum, and guaranteed rental uplifts fixed at 2% per annum compounded.

This prime investment attracted strong interest due to its excellent location in Dorchester's established commercial hub, strong covenant strength, and attractive yield profile with guaranteed income growth. The successful completion demonstrates continued investor appetite for well-located convenience retail and petrol filling station investments with secure, growing income streams.

For more information contact Paul Mather on 07825 254244 or paul@hindleylawrence.co.uk