CBRE Global Investors has bought the £21m Doncaster North service station for a separate account client at a net initial yield of 6.3%.
The station, which is let to MOTO Hospitality with a guarantee from Compass Group for a further 11 years, was sold by an unnamed offshore fund.
The property was built in 2000 and comprises a BP petrol station, a Travelodge hotel and a food court operated by MOTO of which tenants include Burger King, Costa and WH Smith.
GVA and Field Fisher Waterhouse LLP acted on behalf of CBRE Global Investors; Cushman & Wakefield LLP, Pyle & Owen and Stephenson Harwood LLP advised the vendor.
