Let to Kwik-Fit (Properties) Limited (guaranteed by Kwik-Fit Holdings
Limited) until 2024
Prominently located on the busy A61 Regent Street
Neighbouring occupiers include Shell, Leeds Central College, Christopher Pratts Furnishings, J & S Accessories and Maplin
Six Week Completion
Lot 34
Auction 17th October 2013
Rent £73,314 per Annum Exclusive
Status Withdrawn Post
Price
Sector Motor Trade, Petrol Station
Auction Venue The Millennium Hotel 44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Miles
25 miles south-west of York
42 miles north-east of Manchester
Roads
A61, A64 (M), A58 (M), M1
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation
The property is located immediately north-east of the city centre in a prominent corner location on the east side of Regent Street (A61), at its junction with Millwright Street. Neighbouring occupiers include Shell, Leeds Central College, Christopher Pratts Furnishings, J & S Accessories and Maplin.
Tenure
Freehold.
Location
Miles
25 miles south-west of York
42 miles north-east of Manchester
Roads
A61, A64 (M), A58 (M), M1
Rail
Leeds Railway Station
Air
Leeds Bradford Airport
Situation
The property is located immediately north-east of the city centre in a prominent corner location on the east side of Regent Street (A61), at its junction with Millwright Street. Neighbouring occupiers include Shell, Leeds Central College, Christopher Pratts Furnishings, J & S Accessories and Maplin.
Tenure
Freehold.
Description
The property comprises a ground floor tyre fitting depot with reception area, storage and staff accommodation. The property also benefits from having 6 vehicle access bays and forecourt car parking accommodating approximately 12 cars.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor tyre fitting depot with reception area, storage and staff accommodation. The property also benefits from having 6 vehicle access bays and forecourt car parking accommodating approximately 12 cars.
VAT
VAT is applicable to this lot.
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
Tyre & Exhaust Centre
520.46 sq m
(5,602 sq ft)
KWIK-FIT (PROPERTIES) LIMITED (1) guaranteed by Kwik- Fit Holdings Limited (2)
30 years from 04/02/1994 until 2024 on a full repairing and insuring
£73,314
04/02/2014 and 5 yearly
Totals
520.46 sq m
(5,602 sq ft)
£73,314
(1) For the year ending 31/03/2012, Kwik-Fit (Properties) Limited reported a turnover of £71,000, pre-tax profits of £440,000 and a total net worth of £10,902,000. (Source: www.riskdisk.com 13th June 2013) (2)For the year ending 31/03/2012, Kwik-Fit Holdings Limited reported pre-tax profits of £174,094,000 and a total net worth of £111,407,000. (Source: www.riskdisk.com 13th June 2013)
