Kwik Fit

£400,000.00

Property Description

Tenant
Kwik Fit

Address
68 Barrack Street, Colchester

Description
Freehold, Trade Counter/Workshop Unit prominantly positioned

Lease Terms
Full repairing and insuring Lease for a term of 10 years, tenants break at Year 5 and upwards only rent review Tenant Kwikfit

Passing Rent
£27,000 per annum

Purchase Price
400000

Gross Initial Yield (GIY)
6.75%

Kwik Fit

£400,000.00

Property Description

Tenant
Kwik Fit

Address
68 Barrack Street, Colchester

Description
Freehold, Trade Counter/Workshop Unit prominantly positioned

Lease Terms
Full repairing and insuring Lease for a term of 10 years, tenants break at Year 5 and upwards only rent review Tenant Kwikfit

Passing Rent
£27,000 per annum

Purchase Price
400000

Gross Initial Yield (GIY)
6.75%