Kwik-Fit 97 London Road High Wycombe Buckinghamshire HP11 1BU

Kwik-Fit
97 London Road
High Wycombe
Buckinghamshire
HP11 1BU

Freehold Tyre Depot Investment

  • Let to Kwik-Fit Properties Limited (guaranteed by Kwik-Fit Holdings Limited) until 2028
  • Well located on busy arterial route
  • Benefits from forecourt and parking for approximately 12 cars
  • Future redevelopment potential (subject to lease and consents)
  • Nearby occupiers include Ford, Volkswagen and Majestic Wine
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    23
  • Auction
    11th February 2016
  • Rent
    £115,610 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,755,000
  • Sector
    Motor Trade/Petrol Station
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Tyre Depot Investment

  • Let to Kwik-Fit Properties Limited (guaranteed by Kwik-Fit Holdings Limited) until 2028
  • Well located on busy arterial route
  • Benefits from forecourt and parking for approximately 12 cars
  • Future redevelopment potential (subject to lease and consents)
  • Nearby occupiers include Ford, Volkswagen and Majestic Wine
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 23
  • Auction 11th February 2016
  • Rent
  • Status Sold
  • Price £1,755,000
  • Sector
    Motor Trade/Petrol Station
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
½ mile east of High Wycombe town centre, 7 miles north-west of Beaconsfield, 28 miles north-west of Central London
Roads
A40, A404, M40 (Junctions 3 & 4)
Rail
High Wycombe Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated on the north side of the major A40 trunk road leading to High Wycombe town centre to the west, a popular Buckinghamshire London commuter town, and the M40 Motorway to the south-east. Nearby occupiers include Ford and Volkswagen car dealerships and Majestic Wine.

Tenure

Freehold.

Location
Miles
½ mile east of High Wycombe town centre, 7 miles north-west of Beaconsfield, 28 miles north-west of Central London
Roads
A40, A404, M40 (Junctions 3 & 4)
Rail
High Wycombe Railway Station
Air
London Heathrow Airport
Situation

The property is prominently situated on the north side of the major A40 trunk road leading to High Wycombe town centre to the west, a popular Buckinghamshire London commuter town, and the M40 Motorway to the south-east. Nearby occupiers include Ford and Volkswagen car dealerships and Majestic Wine.

Tenure

Freehold.

Description

The property comprises a ground floor tyre depot with ancillary accommodation on the first floor and benefits from a roller shutter door and forecourt with parking for approximately 12 cars.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor tyre depot with ancillary accommodation on the first floor and benefits from a roller shutter door and forecourt with parking for approximately 12 cars.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
First
Tyre Depot
Ancillary
335.84 sq m
312.61 sq m
(3,615 sq ft)
(3,365 sq ft)
KWIK-FIT PROPERTIES LIMITED (1)
(guaranteed by Kwik-Fit Holdings
Limited) (1)
30 years from 25/08/1998
until 24/08/2028 on a full
repairing and insuring lease
£115,610.51 25/08/2018 &
25/08/2023
Totals  
648.45 sq m
(6,980 sq ft)
    £115,610.51

(1) Kwik-Fit are experts in automotive repair including tyres, MOT testing, car servicing, exhausts, brakes, and air-con. They are the leading fast-fit supplier of tyres in the country and carry stocks of over 600,000 products in over 600 centres. (Source: www.kwik-fit.com)

Property Documents

  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    30.10.19
    File Size
    55 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Band Hatton Button LLP 25 Warwick Road
Coventry
CV1 2EZ
Julie Calcott 02476 493 104JAC@bandhattonbutton.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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