Kwik Fit, 127 - 129 High Street West Wickham Kent BR4 0LU

  • Kwik Fit, 127 - 129 High Street<br>West Wickham<br>Kent<br>BR4 0LU

Kwik Fit, 127 - 129 High Street
West Wickham
Kent
BR4 0LU

Freehold Motor Trade Investment

  • Entirely let to Kwik-Fit Properties Limited (guaranteed by Kwik-Fit Holdings Limited) until 2027 (no breaks)
  • Prominent corner position on the A232 (High Street)
  • Located in affluent Kent town
  • Nearby occupiers include Sainsbury's Superstore, Travis Perkins, M&S Simply Food and Shell
  • Lot
    22
  • Auction
    19th October 2017
  • Rent
    £49,033 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,005,000
  • 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 corner position on the A232 (High Street)
  • Located in affluent Kent town
  • Nearby occupiers include Sainsbury's Superstore, Travis Perkins, M&S Simply Food and Shell
  • Lot 22
  • Auction 19th October 2017
  • Rent £49,033 per Annum Exclusive
  • Status Sold
  • Price £1,005,000
  • Sector
    Motor Trade, Petrol Station
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
3 miles south west of Bromley, 4 miles east of Croydon, 12 miles south east of Central London
Roads
A232, M25 (Junction 4)
Rail
West Wickham Rail
Air
London City Airport
Situation

West Wickham is a popular Kent town some 4 miles east of Croydon. The property occupies a prominent corner position on the High Street (A232), which provides direct access to the M25 (Junction 4) via the A21. Nearby occupiers include Sainsbury's Superstore, Travis Perkins, M&S Simply Food and Shell.

Tenure

Freehold.

Location
Miles
3 miles south west of Bromley, 4 miles east of Croydon, 12 miles south east of Central London
Roads
A232, M25 (Junction 4)
Rail
West Wickham Rail
Air
London City Airport
Situation

West Wickham is a popular Kent town some 4 miles east of Croydon. The property occupies a prominent corner position on the High Street (A232), which provides direct access to the M25 (Junction 4) via the A21. Nearby occupiers include Sainsbury's Superstore, Travis Perkins, M&S Simply Food and Shell.

Tenure

Freehold.

Description

The property comprises a ground floor tyre depot with reception area and first floor ancillary accommodation. The property benefits from five roller shutter doors.

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 reception area and first floor ancillary accommodation. The property benefits from five roller shutter doors.

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

First		 Workshop
& Reception
Ancillary
191.9 sq m

149.54 sq m
(2,065 sq ft)

(1,609 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		 £49,033.81 22/12/2017
22/12/2022
Total
341.44 sq m
(3,674 sq ft)
     £49,033.81  

(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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