Heritable Tyre Depot and AutoCentre Investment
Heritable Tyre Depot and AutoCentre Investment
Kirkintilloch, a popular Glasgow commuter town, is the administrative centre for East Dunbartonshire. The property is situated directly opposite a former Peugeot car showroom on the north side of High Street.
Heritable.
Kirkintilloch, a popular Glasgow commuter town, is the administrative centre for East Dunbartonshire. The property is situated directly opposite a former Peugeot car showroom on the north side of High Street.
Heritable.
The property comprises a triple bay ground floor industrial unit divided into two to form a Kwik-Fit tyre and exhaust depot fronting High Street and a Halfords Autocentre partly fronting High Street and with vehicular access on return elevation via 2 vehicle access
doors. The property benefits from car parking to the side and the front of the property.
Six Week Completion Period Available
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a triple bay ground floor industrial unit divided into two to form a Kwik-Fit tyre and exhaust depot fronting High Street and a Halfords Autocentre partly fronting High Street and with vehicular access on return elevation via 2 vehicle access
doors. The property benefits from car parking to the side and the front of the property.
Six Week Completion Period Available
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit/Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| 55 High Street | Auto Centre |
292.18 sq m |
(3,145 sq ft) |
HALFORDS AUTOCENTRES LIMITED (1) |
20 years from 13/02/2003 until 2023 on full repairing and Insuring lease |
£19,000 |
13/02/2013 |
| 57 High Street | Tyre and Exhaust Depot |
736.91 sq m |
(7,932 sq ft) |
KWIK-FIT (GB) LIMITED (2) |
20 years from 30/06/2004 until 2024 on full repairing and Insuring lease (3) |
£45,200 |
30/06/2014 |
| Totals | 1,029.09 sq m |
(11,077 sq ft) |
£64,200 |
||||
(1) For the year ending 1st April 2011 Halfords Autocentres Limited reported a turnover of £98,090,000, pre-tax profits of £4,681,000 and a total net worth of £26,726,000. (Source: www. Riskdisk.com 06.03.2012).
(2) For the year ending 31st December 2010, Kwik-Fit (GB) Ltd reported a turnover of £526,865,000, pre-tax profits of £268,519,000 and a total net worth of £277,740,000. (Source: www.riskdisk.com 06.03.2012).
(3) As to 57 High Street, the lease to Kwik-Fit (GB) Limited is subject to a schedule of condition.
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