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Investment Highlights

  • Let to Kwik Fit and Halfords with a combined annual passing rent of £65,583
  • Well-located on a busy main road offering buoyant retail pitches with strong tenant demand
  • 7,299 sq ft GIA with a substantial shared parking area of 7,174 sq ft GIA

Executive Summary

Prime investment opportunity, two units within a well-located trade counter property, let to Kwik Fit and Halfords with a combined annual passing rent of £65,583. The property offers a total of 7,299 sq ft GIA with a substantial shared parking area of 7,174 sq ft GIA. Well-located on a busy main road offering buoyant retail pitches with strong tenant demand and rental growth prospects.

Financial Summary (Actual - 2025)

Annual Annual Per sq ft
Gross Rental Income £65,583 £8.99
Other Income - -
Vacancy Loss - -
Effective Gross Income £65,583 £8.99
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual £65,583
Annual Per sq ft £8.99
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual £65,583
Annual Per sq ft £8.99
Net Operating Income
Annual -
Annual Per sq ft -

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Vehicle Repair Garage
Property Size
7,299 sq ft
Costar Property Class
B
Year Built
1980
Price
£950,000
Price per sq ft
£130.15
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.32
Total Plot Size
0.52 ac
Parking
17 Spaces (2.32 Spaces per 1,000 sq ft Leased)
Frontage
152 ft on North Road

Amenities

  • Security System
  • Signage
  • EPC - C
  • Roller Shutters
  • Storage Space
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • sq ft Occupied
  • Rent/sq ft
  • Lease End
  • Retailer
  • -
  • -
  • Jul 2029

Halfords Group plc is a publicly traded retailer and services provider focused on motoring, cycling, and related vehicle maintenance support. Founded in 1892, the company originated as a Birmingham-based ironmongery shop before expanding into bicycle parts and later broader automotive goods. Over time, Halfords evolved into a national brand supplying car parts, travel accessories, tools, and cycling equipment, while also extending into repair and servicing through its autocentre and mobile service operations. The company is headquartered in Redditch, Worcestershire, and is listed on the London Stock Exchange under the symbol HFD. Its operations include retail outlets, garages, and mobile service units across the United Kingdom and Ireland, providing both products and maintenance services. Halfords has expanded through strategic acquisitions, and its structure includes subsidiaries operating in vehicle servicing, tyre supply, and cycling equipment.

  • Service type
  • -
  • -
  • Jun 2035

Kwik Fit is a United Kingdom-based automotive servicing and repair company providing maintenance, inspection, and replacement services for vehicles. Its core service offering includes tyre fitting and replacement, brakes, exhausts, batteries, MOT testing, car servicing, and air conditioning maintenance. The company operates through a nationwide network of service centres and also offers mobile tyre fitting services. Founded in 1971, Kwik Fit has developed into a large automotive service network, serving private motorists, fleets, and business customers. Its operations are focused primarily in the United Kingdom, where it maintains a widespread presence across towns and cities, supported by an online booking platform for customer appointments. The company provides a range of vehicle parts and maintenance solutions and works with products from major manufacturers, offering both premium and budget options. Its services are delivered through technicians trained within the organisation, supported by in-house training programmes. Kwik Fit operates as part of Kwik-Fit (GB) Limited and is owned by Itochu Corporation. Its business model centres on providing accessible vehicle maintenance and repair services through a combination of fixed locations and mobile solutions.

Tenant Industry sq ft Occupied Rent/sq ft Lease End
Retailer - - Jul 2029
Service type - - Jun 2035

Nearby Major Retailers

Co-op
Costcutter
Londis
Sainsbury's
Tesco Stores Limited
Lidl
Costa Coffee
SPAR
Barclays
Coffee #1
  • Listing ID: 39600190

  • Date on Market: 27/02/2026

  • Last Updated:

  • Address: Units 1 & 2, 113 - 115 North Rd, Cardiff CF14 3AD

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