Unit 1, Canal Road, Selby Y08 8AG
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£1,000,000
Mar 2025
- Excellent private investor opportunity
- Well-located roadside investment
- Let to the very strong covenant of Kwik-Fit (GB) Limited
- New 15-year FRI lease in place from November 2024 (TBO 2034)
- Initial rent passing £58,000 pa
- 4,629 ft² on a site of 0.38 acres
- Nearby occupiers include Home Bargains, CEF, Enterprise Rent-a-Car, Wolseley and Howdens
- Freehold
- Quoting £1,000,000 subject to contract and exclusive of VAT
- This reflects a net initial yield of 5.48%, assuming purchaser’s costs of 5.75%
