Kwik Fit
Huddersfield Road, Birstall, Batley, West Yorkshire WF17 9AY
Summary
- Alexander James acquired this Tyre & Exhaust investment for a private client prior to auction
- The property was let to Kwik-Fit (GB) Ltd with a guarantee from European Tyre Enterprise Ltd for just less than 20 years’ term certain
- Passing Rent of £53,827.71 per annum which is subject to annual RPI rent reviews until 2030 which have a collar of 2% and are uncapped.
- Rent Reviews in 2035 and 2040 are upward only to Market Rent
- Purchase Price – Confidential
- For further information contact Alastair Coates