Track record

Acquisition for Kwik Fit, Atex Business Park, Stowmarket

Kwik Fit

Instructed by Kwik Fit as national retained acquisition agents

Kwik Fit, Atex Business Park, Stowmarket

Lease Advisory

Service

Automotive & Roadside

Industry

Daniel Cook

The project

Rapleys was instructed by Kwik Fit in June 2021 as national retained acquisition agents. As part of this process we were provided with a list of towns and also criteria for new motorist’s centres and tasked with securing new opportunities for them across the country.

We were instructed to promote the requirement as widely as possible through online marketing activities and following full publication of the requirement we identified a new scheme being constructed in Stowmarket, Suffolk which we believe suited their requirement. Following this and the necessary approvals process we successfully negotiated terms for the acquisition and oversaw this project through to completion.

Our solution

  • Promoted the requirement nationally
  • Identified an opportunity within a strong town which was not on the named requirement list
  • Negotiated terms for the acquisition of the property
  • Drafted heads of terms
  • Liaised with solicitors through to completion only 3-4 months after initially identifying the opportunity.

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