7th September, 2026

Prominent Showroom and Petrol Filling Station in Plympton Sold Following Strong Investor Demand

A modern showroom and adjoining petrol filling station in Plympton, located near the Plymouth and with excellent access to the A38, has been successfully sold following a competitive marketing process, achieving a price in excess of the asking level.

The property, extending to approximately 16,448 sq ft (1,528 sq m), attracted significant investor interest due to its secure income profile, strong tenant covenants, and future rental growth potential. Let to Motor Fuel Ltd and Vertu Motors (Property) Ltd, the asset generates a current rental income of £161,898 per annum with an attractive weighted average unexpired lease term (WAULT) of 7.75 years.

Comprising a modern vehicle showroom with ancillary warehouse accommodation, alongside a well-established petrol filling station trading as Esso, the asset benefits from a highly visible roadside position fronting Ridgeway. The petrol station includes eight pumps and a retail offering incorporating a Londis convenience store and a purpose-built Greggs unit, further enhancing its income profile and footfall.



The property’s combination of retail, automotive, and roadside convenience uses, together with its strong location in the well-connected suburb of Plympton, proved highly attractive to investors. Following a period of strong interest and multiple viewings, two parties were invited to submit best and final offers, resulting in a sale being agreed above the guide price.

Gareth Forrest of Listers commented:  “We are pleased to have delivered another excellent result for our client, achieving a sale above the asking price following a competitive best bids process. The strength of covenant, diversified income stream, and future rental growth potential made this a highly sought-after opportunity, demonstrating continued investor appetite for well-located roadside and automotive assets.”

The transaction further highlights the resilience of the commercial investment market, particularly for assets offering secure income and asset management opportunities.