6 Stakes Hill Rd Local commercial 481 m² À vendre Waterlooville PO7 7HY 956 066 € (1 989,37 €/m²)

The Kwik Fit Centre in Waterlooville is located at 6 Stakes Hill Road, in the heart of the town centre and easily accessible by car. It is situated near the crossroads of Stakes Hill Road and Dukes Walk the modern retail development which includes occupiers such as Pure Gym, Card Factory and Bath Store. It is also in close proximity to the Asda supermarket.
Investment property in Waterlooville The property is of steel truss construction, brick walls under a profile metal clad roof (replaced in the last 10 years). It is served by a roller shutter door to the front elevation. The property has external yard areas and parking to both the front and side of the property. Kwik-Fit have undertaken significant investment into the property during their occupation to establish it as one of their most successful branches. There is a reception / office area to the front incorporating a customer waiting area. To the side of the workshop, there are additional stores, plus kitchen and WCs. The forecourt provides three parking spaces directly in front of the centre, with additional parking available to the side, a right of access is provided to the adjacent dentist. The building extends to a GIA 6,170 sq. ft. (573.2 sq. m.) on a site of 0.24 acres.
Excellent private investor opportunity Well-located roadside investment Let to the very strong covenant of Kwik-Fit (UK) Limited Initial passing rent £50,000 p.a.
6,170 sq. ft. on a site of 0.24 acres Nearby occupiers include Home Bargains, CEF, Enterprise Rent-a-Car, Wolseley and Howdens Freehold Quoting £815,000 subject to contract and exclusive of VAT This reflects a net initial yield of 5.75%, assuming purchaser's costs of 5.75%.