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6 Stakes Hill Rd 6,170 SF Retail Building Waterlooville PO7 7HY $1,517,655 CAD ($245.97 CAD/SF) 5.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Excellent private investor opportunity.
- Let to the very strong covenant of Kwik-Fit (UK) Limited.
- 6,170 sq. ft. on a site of 0.24 acres.
- Freehold.
- This reflects a net initial yield of 5.75%, assuming purchaser's costs of 5.75%.
- Well-located roadside investment.
- Initial passing rent £50,000 p.a.
- Nearby occupiers include Home Bargains, CEF, Enterprise Rent-a-Car, Wolseley and Howdens.
- Quoting £815,000 subject to contract and exclusive of VAT.
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Skylights
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- -
- 5,173 SF
- -
- -
Kwik Fit provides extensive automotive parts repairs including tyres, brakes, exhausts, MOT testing, car servicing and air conditioning recharge. They are, above all, local people in local garages. Their commitment to quality services stems from the simple foundation that they’re members of communities that they care about. They’re all about honest MOT tests and vehicle services at honest prices. They're the leading fast-fit supplier of tyres in the country and carry stocks of over 600,000 products from leading manufacturers including Pirelli, Goodyear, Michelin, Continental and Dunlop. With over 600 Centres in the UK you're never far from a Kwik Fit where their teams can help you get back on the road.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
- | 5,173 SF | - | - |
NEARBY MAJOR RETAILERS
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6 Stakes Hill Rd
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