Property photos
Just added
Freehold
Fixed price
£815,000
(£132.09/sq. ft)
Property for sale
6 Stakes Hill Road, Waterlooville PO76,170 sq. ft
Local area information
Property location
Nearby amenities
- The Waterloo School (SEN) 0 miles
- Mill Hill Primary School 0.3 miles
- Bedhampton 2.3 miles
- Havant 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Waterlooville to find out more about the local area.
Features and description
- Freehold
- 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.
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.
More information
Listed by
Hellier Langston Limited
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