Freehold Tyre Depot Investment
Freehold Tyre Depot Investment
The property is prominently situated in a major retail and industrial park, known as the Dallow Road Industrial Area, at the junction of Dallow Road and Hatters Way (A5056) some 2 miles to the west of the town centre and 1 mile from Junction 11 of the M1 motorway. Neighbouring occupiers include a B&Q Warehouse and Aldi.
Freehold.
The property is prominently situated in a major retail and industrial park, known as the Dallow Road Industrial Area, at the junction of Dallow Road and Hatters Way (A5056) some 2 miles to the west of the town centre and 1 mile from Junction 11 of the M1 motorway. Neighbouring occupiers include a B&Q Warehouse and Aldi.
Freehold.
The property comprises an 8-BAY TYRE/MOT/SERVICE FACILITY with accommodation on ground and first floors. The building has an eaves height of approximately 5.5 metres and is served by five roller shutter doors. The site extends to approximately 0.65 acres (0.26 hectares) and includes a large yard and parking area.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises an 8-BAY TYRE/MOT/SERVICE FACILITY with accommodation on ground and first floors. The building has an eaves height of approximately 5.5 metres and is served by five roller shutter doors. The site extends to approximately 0.65 acres (0.26 hectares) and includes a large yard and parking area.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Tyre Depot Ancillary |
558.33 sq m |
(6,010 sq ft) |
KWIK-FIT (GB) LTD (1) | 15 years from 11/05/2010 on a full repairing and insuring lease (2) | £80,000 | 2015 and 2020 |
| Totals | 698.89 sq m |
(7,523 sq ft) |
£80,000 | ||||
(1) For the year ending 31st December 2009, Kwik-Fit (GB) Limited reported a turnover of £495,224,000, a pre-tax profit of £56,052,000 and a net worth of £289,473,000. (Source: www.riskdisk.com 10/11/2010)(2) The lease is subject to a schedule of condition.
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