Kwik Fit, London Road Stone Dartford Kent DA2 6AS

  • Kwik Fit, London Road<br>Stone<br>Dartford<br>Kent<br>DA2 6AS

Kwik Fit, London Road
Stone
Dartford
Kent
DA2 6AS

Freehold Motor Trade Investment

  • Entirely let to Kwik-Fit Properties Limited (guaranteed by Kwik-Fit Holdings Limited) until 2027 (no breaks)
  • Prominent position on A226 London Road
  • Close proximity to Junction 1A of A282 (M25)
  • Located adjacent to Jewson and Shell Garage
  • Lot
    8
  • Auction
    19th October 2017
  • Rent
    £52,978 per Annum Exclusive
  • Status
    Sold
  • Price
    £900,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Motor Trade Investment

  • Entirely let to Kwik-Fit Properties Limited (guaranteed by Kwik-Fit Holdings Limited) until 2027 (no breaks)
  • Prominent position on A226 London Road
  • Close proximity to Junction 1A of A282 (M25)
  • Located adjacent to Jewson and Shell Garage
  • Lot 8
  • Auction 19th October 2017
  • Rent £52,978 per Annum Exclusive
  • Status Sold
  • Price £900,000
  • Sector
    Motor Trade, Petrol Station
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
12 miles east of Bromley, 16 miles north of Sevenoaks, 17 miles south-east of Central London
Roads
A2, A282, M20, M25
Rail
Dartford Railway Station
Air
London City Airport
Situation

Dartford is a market town located at Junction 1 of the M25 Motorway, just to the south of the Queen Elizabeth Bridge and the Dartford Tunnel. The property is situated in a prominent position on London Road (A226), close to its junction with the A282 (Junction 1A). Nearby occupiers include Jewson and a Shell garage.

Tenure

Freehold.

Location
Miles
12 miles east of Bromley, 16 miles north of Sevenoaks, 17 miles south-east of Central London
Roads
A2, A282, M20, M25
Rail
Dartford Railway Station
Air
London City Airport
Situation

Dartford is a market town located at Junction 1 of the M25 Motorway, just to the south of the Queen Elizabeth Bridge and the Dartford Tunnel. The property is situated in a prominent position on London Road (A226), close to its junction with the A282 (Junction 1A). Nearby occupiers include Jewson and a Shell garage.

Tenure

Freehold.

Description

The property comprises a ground floor tyre depot with ancillary accommodation. The property benefits from roller shutter doors and forecourt parking.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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. The property benefits from roller shutter doors and forecourt parking.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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
Workshop
Ancillary
371.38 sq m
(3,997 sq ft)
 KWIK-FIT
PROPERTIES
LIMITED
guaranteed by
Kwik-Fit
Holdings
Limited (1)		 30 years from
22/12/1997 until
21/12/2027 on a full
repairing and
insuring lease		 £52,978.82 22/12/2017
22/12/2022
Total
371.38 sq m
(3,997 sq ft)
     £52,978.82  

(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.kwikfit.com). For the year ending 31st March 2016, Kwik-Fit Holdings Limited reported a total net worth of £28,538,000 (Source: Experian
Group - 20/02/2017).

Contacts

Seller's Solicitors
Philip Ross Solicitors 34 Queen Anne St
London
W1G 8HE +44 (0) 20 7785 9151
David Connick +44 (0) 20 7636 6969david.connick@philipross.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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