Kwik Fit
131 Stafford Street
West Midlands

Freehold Tyre Depot Investment

  • Entirely let to Kwik-Fit Properties Ltd (guaranteed by Kwik-Fit Holdings Limited) until 2027 (no breaks) (t/a Tyre City)
  • Potential long term residential redevelopment (subject to consents)
  • Forecourt with parking for approximately 12 cars
  • Prominent position fronting Stafford Street (B4210)
  • Total site area of approximately 0.17 hectares (0.42 acres) with a site coverage of approximately 27%
  • Lot
  • Auction
  • Rent
    £44,395 per Annum Exclusive
  • Status
  • Price*
  • Sector
    Motor Trade/Petrol Station
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • Kwik Fit<br>131 Stafford Street<br>Walsall<br>West Midlands<br>WS2 8EA
  • Expand
  • Photos
  • Map

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

Property Information

9 miles north of Birmingham
41 miles west of Leicester
48 miles south-west of Nottingham
A34, A4148, M6 (Junction 10)
Walsall Rail
Birmingham International Airport

The property is situated approximately half a mile north of Walsall town centre, occupying a prominent roadside pitch at the junction of Stafford Street (B4210) and Proffitt Street. The M6 Motorway (Junction 10) is approximately 1 mile to the west. Stafford Street comprises a small retail parade, as well as a number of units occupied by a range of local retailers.




The property comprises a single storey motorist centre benefitting from vehicle bays with shutter doors and forecourt with parking for approximately 12 cars. The property has a total site area of approximately 0.17 hectares (0.42 acres) with a site coverage of approximately 27%. The property may be suitable for long term residential redevelopment (subject to consents).


VAT is applicable to this lot.

Completion Period

Six Week Completion


Band D. See legal pack at

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
414.10 sq m
(4,457 sq ft)
LTD guaranteed
by Kwik-Fit
Holdings Limited
t/a Tyre City (1)
30 years from 22/12/1997 until
21/12/2027 on a full repairing and
insuring lease
414.10 sq m
(4,457 sq ft)

(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 suppliers of tyres in the country and carry stocks of over 600,000 products in over 600 centres in the UK
(Source: 29/10/2019).
(2) Kwik-Fit Holdings Limited was incorporated in July 1940 and is rated by Experian as 'Very Low Risk' and for the year ending
31st March 2018, reported a pre-tax profit of negative £50,000 and total net worth of £28,510,000 (Source: Experian Group 29/10/2019).

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    File Size
    594 KB
    View PDF
  • Site Plan
    Updated Date
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    File Size
    585 KB
    View PDF


John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899
Billy StruthBilly Struth +44 (0)20 7034
Seller's Solicitors
Boyes Turner LLP Abbots House, Abbey Street
Rg1 3BD
Rachel Duncan 0118 952

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