Property overview

DVSA Driving Test Centre, Port Road Business Park, Carlisle CA2 7AF

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£2,160,000
Mar 2024

AP Investment are pleased to have recently acquired a long let government income investment on behalf of a private client.

 

The DVSA Driving Test Centre on Port Road Business Park in Carlisle was acquired with an occupational lease through to November 2048.

 

The property is a 2.4 acre site used a driving centre test track which was predominantly tarmac surfaced with a small administrative block and ancillary car parking. The site is fully secured and is adjacent to Port Road Business Park.

 

The Secretary of State has a tenant break option in November 2033. The rent is reviewable 5 yearly and linked to uncapped RPI.

 

Carrick Real Estate acted for the vendor.

 

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