Investment property let to Kwik Fit

Freehold tyre and exhaust depot investment opportunity situated approximately 250 metres south-west of Stroud town centre. The property occupies a prominent position on the south side of Bath Road (A46) near the busy roundabout junction with Dr Newton's Way (A419). Neighbouring occupiers include Toolstation, Malvern Tyres, Travis Perkins, City Electrical Factors, and Jewson. The location provides good regional connections via the A417, A419, and M5 (Junction 13), with rail services available from Stroud Railway Station and air travel via Bristol Airport. The property comprises a modern tyre depot providing an eaves height of approximately 4.5m (14.5 ft) and three vehicle bays. It sits on a site area of approximately 0.09 hectares (0.22 acres) with a site coverage of around 26%. The total approximate floor area is 341.54 sq m (3,676 sq ft), comprising a ground floor workshop of 227.06 sq m (2,444 sq ft) and mezzanine ancillary space of 114.48 sq m (1,232 sq ft). The property is let to Kwik Fit (GB) Limited on a lease term of 40 years from 11th June 2004 until 10th June 2044, producing a current rent of £22,500 per annum exclusive.