Audi Approved Aylesbury Car Dealership Investment Offered for Sale
Jaggard Macland has been instructed to market the freehold investment of an Audi Approved car dealership on Bicester Road, Aylesbury, with offers sought in excess of £4.5 million.
The property occupies a prominent position on Bicester Road, one of the main arterial routes from Aylesbury town centre. The surrounding area is an established commercial location, with a mix of car dealerships, retail warehousing and industrial units, alongside major retail occupiers including Tesco, Sainsbury’s and Aldi.
Secure Income with Future Potential
The property provides an Audi Approved showroom and workshop extending to approximately 28,626 sq ft, set on a 2.22-acre site with around 207 car parking spaces.
The entire property is let to Lancaster UK Limited, part of Lithia UK, on a 15-year full repairing lease from October 2025. The current passing rent is £363,000 per annum, with five-yearly CPI-linked rent reviews subject to a 2% collar and 4% cap. The tenant has a break option in October 2032. The tenant has traded from the site since 2011 and has recently expanded its Audi Approved franchise, including refurbishment of the larger showroom.
The investment also offers medium-term asset management and redevelopment potential. The lease includes a landlord-only break option in October 2035, providing an opportunity to secure possession for redevelopment, subject to the relevant considerations.
Prominent Aylesbury Location
The property is approximately a 15-minute walk from Aylesbury town centre and railway station, with the Bicester Road providing a prominent roadside position and strong links to the wider area.
Bicester Road has become an established destination for automotive occupiers, with multiple national car dealerships located nearby. The property is also close to Broadfields Retail Park and Gatehouse Industrial Estate.
Investment Opportunity
The property is being offered freehold with offers sought in excess of £4,500,000, subject to contract and exclusive of VAT. At this level, the purchase would reflect a net initial yield of approximately 7.57% after purchasers’ costs of 6.6%.
The combination of an established occupier, secure rental income, prominent location and longer-term asset management potential makes this an interesting investment opportunity in Aylesbury.
Contact: Simon Harper