Prominent roadside investment for sale Asking price 850,000 Let to Kwik Fit 14 years unexpired lease term Potential future redevelopment opportunity Net initial yield 7.8% www.singerviellesales.com

Nottingham is located approximately 202 km (126 miles) north of Central London, 26 km (16 miles) north east of Derby, 48 km (30 miles) north of Leicester and 48 km (30 miles) south east of Sheffield. The city benefits from good road communications with Junction 24 of the M1 Motorway approximately 17 km (9.5 miles) to the south west, Junction 25 approximately 12.4 km (7 miles) to the south west and Junction 26 approximately 8 km (4.5 miles) to the north west. The city is connected to the national railway network with a fastest journey time to London St Pancras of 1 hour 40 minutes. Nottingham Station is currently undergoing a 60 million redevelopment which will transform it into a world-class interchange. Line speed upgrades to the Midland Mainline aim to reduce travel times between Nottingham and London to just 90 minutes, while direct connections to Eurostar services through to St Pancras International will mean Nottingham is less than five hours from Paris and Brussels. This work is due to commence in 2015 and be completed by 2019. East Midlands Airport is approximately 22 km (14 miles) to the south west and Birmingham International Airport approximately 80 km (50 miles) to the north east. The multi-million pound project to extend Nottingham s tram service to the south and south west of the city commenced at the start of 2013 and the extension, which is expected to open in 2015 will more than double the size of the existing tram line providing 16 services per hour in each direction on the city centre section. The project is expected to give up to a 300 million boost to the local economy and create up to 8,000 jobs locally. Nottingham is a top ten retail city with 4.8 billion of retail expenditure, ranked seventh for shopping population ahead of Cardiff and Liverpool. It has a catchment of 2.3 million within a 45 minute drive and has the highest proportion of 16-24 year olds in its catchment of any UK shopping location. Home to two leading universities with 60,000 full time students, the city has the fourth largest student population in the United Kingdom. Nottingham has 30% wealthy achievers and has become the financial centre of the East Midlands region. (Source: Intu Group). The subject property is situated in a highly prominent roadside location fronting Castle Boulevard (A6005), immediately to the south-west of Nottingham City Centre and 0.8 km (0.5 miles) west of Nottingham Rail Station. Castle Boulevard is a busy arterial route which links with the A52 to the south-west and the A6008 to the east. There are a wide variety of uses surrounding the property including residential, retail, retail warehousing and several other automotive repair centres. Other nearby occupiers along Castle Boulevard include Majestic Wine, Boots and Halfords.

The property comprises a single storey building, previously arranged to provide a tyre depot with ancillary staff and storage accommodation. The unit benefits from two roller shutter doors with a height of 3.20 metres (10 feet) with a forecourt area for access and parking. The tenant is not currently in occupation. We have been advised that the property provides a Gross Internal Area of 619 sq m (6,566 sq ft). We estimate the site area to be approximately 0.16 hectares (0.40 acres). Freehold The property is let to Kwik-Fit Properties Limited, guaranteed by Kwik-Fit Holdings Limited, on a full repairing and insuring lease for a term of 30 years from 24th February 1999, expiring 23rd February 2029. Therefore, there is an approximate 14 years unexpired lease term. The current passing rent is 70,109 per annum ( 113.26 per sq m / 10.68 per sq ft). The lease provides for 5 yearly upwards only rent reviews, the next being on 24th February 2019.

The tenant is not in occupation of the property and there may be scope to agree a surrender of the existing lease. We believe there may be an opportunity for an investor to redevelop the site in the future, subject to obtaining the necessary planning consents.

Tenant Kwik-Fit Properties Limited (Co. No. 02579167) has reported the following figures: Year Ending 31st March 2014 31st March 2013 Turnover 51,000 156,000 Pre-Tax Profits 146,000 263,000 Shareholders Funds 2,020,000 11,102,000 The company holds and manages properties on behalf of other group companies. Guarantor Kwik Fit Holdings Limited (Co. No. 00362333) has reported the following figures: Year Ending 31st March 2014 31st March 2013 Pre-Tax Profits 95,410,000 633,000 Shareholders Funds 28,518,000 90,261,000 Kwik-Fit Holdings Limited is an intermediary holding company of the Kwik-Fit Group. Established in 1971, Kwik Fit is one of the leading experts in automotive parts repair including tyres, brakes, exhausts, MOT testing, car servicing and air conditioning recharge with over 600 Centres in the United Kingdom. In September 2014 it was reported that Kwik-Fit saw its profits surge 153 percent with Turnover increasing to 519 million. We are aware of the following Kwik Fit investments which have recently sold: Kwik-Fit, Nottingham Road, Nottingham sold in August 2014. Singlestorey exhaust and tyre depot totalling 473 sq m (5,092 sq ft) let to Kwik-Fit Properties Limited, guaranteed by Kwik-Fit Holdings, for 30 years from December 1997 (approximately 13.25 years unexpired) at a passing rent of 48,795 per annum ( 103 per sq m / 9.57 per sq ft). The freehold interest was acquired for 675,000 reflecting a net initial yield of 6.83%. Kwik-Fit, Cosgrove Way, Luton sold in December 2014. Two-storey tyre depot with eight fitting bays, totalling 699 sq m (7,523 sq ft) let to Kwik-Fit (GB) Limited for 15 years from May 2010 (approximately 10 years unexpired) at a passing rent of 80,000 per annum ( 114 per sq m / 10.63 per sq ft). The freehold interest was acquired for 1,350,000 reflecting a net initial yield of 5.60%. Kwik-Fit, Hertford Road, Enfield sold in February 2015. Single-storey light industrial unit totalling 372 sq m (4,010 sq ft) let to Kwik-Fit Properties Limited, guaranteed by Kwik-Fit Holdings Limited, for 30 years from December 1997 (approximately 12 years unexpired) at a passing rent of 60,282 per annum ( 162 per sq m / 15.03 per sq ft). The freehold interest was acquired for 1,070,000 reflecting a net initial yield of 5.32%. The ultimate parent company is Itochu Corporation, one of Japan s largest conglomerates with approximately 130 bases in 65 countries. The Corporation was ranked 174th on 2013 s list of Fortune Global 500 companies with an annual trading revenue of 145 billion USD. Itochu acquired Kwik-Fit in 2011, paying a reported 637 million. For further information visit www.kwik-fit.com. The property has been elected for VAT. Therefore VAT will be payable on the purchase price however it is envisaged the transaction will proceed as a Transfer of a Going Concern (TOGC).

1. An opportunity to acquire a freehold roadside investment opportunity; 2. The investment provides secure income; 3. Approximately 14 years unexpired lease term; 4. The property occupies a highly prominent position fronting the A6005 (Castle Boulevard); 5. Potential future redevelopment opportunity; Our client is seeking a figure of 850,000 (Eight Hundred and Fifty Thousand Pounds), subject to contract, reflecting a net initial yield of 7.8%. 6. A purchase at the asking price will provide an investor with an attractive net initial yield; The investment provides a purchaser with an attractive lot size Singer Vielle Street 94-96 Wigmore Street London W1U 3RF Tel: +44 (0) 207 935 7200 Vendors Solicitor Freeth Cartwright LLP Cumberland Court, 80 Mount Street, Nottingham NG1 6HH Neil Singer Dale Henry Richard Wolfryd Tel: 0845 050 3611 Gillian Roberts gillian.roberts@freethcartwright.co.uk neil@singervielle.co.uk dale@singervielle.co.uk richard@singervielle.co.uk SUBJECT TO CONTRACT & EXCLUSIVE OF VAT Misrepresentation Act 1967 Singer Vielle for themselves and for the Vendors or Lessors of this property whose Agents they are give notice that: 1. The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract 2. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Singer Vielle has any authority to make or give any representation or warranty whatever in relation to this property. 4. All maps are for identification purposes only and should not be relied upon for accuracy. 5. Unless otherwise stated, all prices and rentals quoted are exclusive of Value Added Tax to which they may be subject. Finance Act 1989 Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Property Misdescriptions Act 1991 These details are believed to be correct at the time of compilation, but may be subject to subsequent amendment. Concerning the Properties listed and/or appearing on the Site: 1. Under no circumstances shall we be liable to you for any direct, indirect, consequential, incidental or special damages arising out of your purchase or lease of any Properties on the Site. 2. Under no circumstances shall we be liable for any errors or incompleteness of the information relating to any Property listed on this Site or if any Property has been withdrawn from sale or lease nor shall we be responsible for any inaccurate dimensions of any Properties or price listed. 3. Our website service permits you to enquire about and to purchase or lease Properties appearing on or listed on this Site. Such enquiries, purchase or leasing can only be made and permitted strictly subject to the terms and conditions set out below. 4. We do not accept responsibility or liability for the completeness or accuracy of information appearing on this Site which is provided by the Vendors or Lessors of the Property concerned who are solely responsible for such information. 5. Whilst we believe that the Properties listed are available for purchase or lease we make no guarantee that this is the case or that they have not been withdrawn by the Vendor or Lessor of the same. All Properties appearing or listed on the Site are subject to changes, errors or omissions. We have not verified the accuracy of the information relating to the Properties or any dimensions which have been given by the Vendors or Lessors. 6. All Properties are listed subject to contract and the prices shown are exclusive of VAT if applicable.