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Unit 1 Canal Road, Selby, YO8 8AG

  • Industrial/Logistics / Investments / Trade Counter
  • 4,629 sq ft
  • For Sale
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3439HDR.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - DJI_20250315085802_0007_D.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3502HDR.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - DJI_20250315090300_0052_D.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - DJI_20250315090432_0064_D.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3496HDR.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3469HDR.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3535HDR.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3532HDR.jpg
Unit 1 Canal Road, Selby, Industrial/Logistics / Investments / Trade Counter For Sale - IMG_3511HDR.jpg
Property Type Industrial/Logistics / Investments / Trade Counter
Tenure For Sale
Size 4,629 sq ft
Price Offers in excess of £1,000,000
Business Rates Upon Enquiry
Service Charge n/a
Estate Charge n/a
Energy Performance Rating This property has been graded as B (47)

Long Income, Kwik-Fit Investment

Key Features

  • Excellent private investor opportunity
  • Let to the very strong covenant of Kwik-Fit (GB) Limited
  • Initial rent passing £58,000 pa
  • Nearby occupiers include Home Bargains, CEF, Enterprise Rent-a-Car, Wolseley and Howdens
  • Well-located roadside investment
  • New 15-year FRI lease in place from November 2024 (TBO 2034)
  • 4,629 ft² on a site of 0.38 acres
  • Freehold

Description

The property is of steel portal frame construction, brick walls under a profile metal clad roof. The property has an eaves height of 4.75m and is served by three electrically operated roller shutter doors.

The property has external yard areas and parking to both the front and rear with totem signage adjacent to the main entrance.

Kwik-Fit have undertaken significant investment into the property having recently completed a full refurbishment including new lighting, corporate fit-out, along with a new mezzanine of 1,000 sq ft for tyre storage.

The new centre is fitted out in the Kwik-Fit corporate style and includes a new customer reception and waiting area, associated offices and customer and staff WC's.

The building extends to a GIA 4,629 sq ft, not including the new mezzanine installed by the tenant.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Unit 4,629 430.05 Available
Total 4,629 430.05

Location

Selby is located in North Yorkshire approximately 14 miles south of York and 26 miles to the east of Leeds. The town is centred around the intersection of the A63 and the A19 which provides excellent road connections in all directions. Specifically, the A19 links the M62 to the south and York to the north. The A63 gives direct road access to Leeds and Hull to the west and east respectively.

Selby train station, which is located within walking distance provides direct connections with Doncaster, Hull, Leeds, York
and London Kings Cross.

Situation
The property is situated within walking distance of Selby town centre on Canal Road with prominent return frontage to Bawtry Road (A1041) one of the main arterial routes into Selby from the South. Bawtry Road provides the main focus for all out of centre retailing in the town with Three Lakes Retail Park less than half a mile to the south with occupiers including, Pets at Home, Halfords, McDonalds, Tim Hortons, Sports Direct, B&M, Pure Gym, Food Warehouse, The Range and M&S Simply Food. Other occupiers nearby include Home Bargains, CEF, Enterprise Rent-a-Car, Wolseley and Howdens.