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6 Stakes Hill Rd 6,170 SF Retail Building Waterlooville PO7 7HY $1,095,739 ($177.59/SF) 5.75% Cap Rate
Investment Highlights
- Excellent private investor opportunity.
- Let to the very strong covenant of Kwik-Fit (UK) Limited.
- 6,170 sq. ft. on a site of 0.24 acres.
- Freehold.
- This reflects a net initial yield of 5.75%, assuming purchaser's costs of 5.75%.
- Well-located roadside investment.
- Initial passing rent £50,000 p.a.
- Nearby occupiers include Home Bargains, CEF, Enterprise Rent-a-Car, Wolseley and Howdens.
- Quoting £815,000 subject to contract and exclusive of VAT.
Executive Summary
Property Facts
Amenities
- Skylights
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- 5,173 SF
- -
- -
Kwik Fit is a United Kingdom-based automotive servicing and repair company providing maintenance, inspection, and replacement services for vehicles. Its core service offering includes tyre fitting and replacement, brakes, exhausts, batteries, MOT testing, car servicing, and air conditioning maintenance. The company operates through a nationwide network of service centres and also offers mobile tyre fitting services. Founded in 1971, Kwik Fit has developed into a large automotive service network, serving private motorists, fleets, and business customers. Its operations are focused primarily in the United Kingdom, where it maintains a widespread presence across towns and cities, supported by an online booking platform for customer appointments. The company provides a range of vehicle parts and maintenance solutions and works with products from major manufacturers, offering both premium and budget options. Its services are delivered through technicians trained within the organisation, supported by in-house training programmes. Kwik Fit operates as part of Kwik-Fit (GB) Limited and is owned by Itochu Corporation. Its business model centres on providing accessible vehicle maintenance and repair services through a combination of fixed locations and mobile solutions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | 5,173 SF | - | - |
Nearby Major Retailers
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6 Stakes Hill Rd
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