Freehold Motor Trade Investment - Dartford

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ADDRESS: London Road, Stone, Dartford, Kent DA2 6AS
• Development Potential STPP
• Entirely let to Kwik-Fit Properties Limited (guaranteed by Kwik-Fit Holdings Limited) until 2027 (no breaks)
• Prominent position on A226 London Road
• Close proximity to Junction 1A of A282 (M25)
• Located adjacent to Jewson and Shell Garage

LOCATION
Miles: 12 miles east of Bromley, 16 miles north of Sevenoaks, 17 miles south-east of Central London
Roads: A2, A282, M20, M25 Rail: Dartford Railway Station
Air: London City Airport


SITUATION
Dartford is a market town located at Junction 1 of the M25 Motorway, just to the south of the Queen Elizabeth Bridge and the Dartford Tunnel. The property is situated in a prominent position on London Road (A226), close to its junction with the A282 (Junction 1A). Nearby occupiers include Jewson and a Shell garage

DESCRIPTION
The property comprises a ground floor tyre depot with ancillary accommodation. The property benefits from roller shutter doors and forecourt parking.

ACCOMMODATION:
Ground Floor (Workshop Ancillary ) 3,997 sq ft

TENANCY
Let to KWIK-FIT PROPERTIES LIMITED guaranteed by Kwik-Fit Holdings Limited for 30 years from 22/12/1997 until 21/12/2027 on a full repairing and insuring lease at a current rent of £52,978.33 p.a.

RENT: £52,978.33 p.a. TENURE: Freehold VAT: Applicable
PRICE £975,000-5.2% Net