6 Stakes Hill Road, Waterlooville, PO7 7HY
Size
6,170
Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- 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%.
Description
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.
Location
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.
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- Business rates
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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Brochure
6 Stakes Hill Road, Waterlooville, PO7 7HY
About Hellier Langston, Fareham
HELLIER LANGSTON is an independent firm of Commercial Property Agents, Surveyors, and Valuers based in Fareham, specialising in all aspects of commercial property, including industrial, office and retail premises. We aim to provide clear, accurate and responsive advice to create long term client relationships.
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Disclaimer - Property reference 303317-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hellier Langston, Fareham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.