Kwik Fit is looking to expand its already substantial network of 630 centres by a further 80 over the next three years as part of its new growth strategy.

The business has appointed automotive property consultancy Rapleys to advise on its search for new premises, understood to be focused mainly on pre-let opportunities, while standing assets will also be considered. 

The expansion plans are in addition to Kwik Fit's "robust invesment programme" to upgrade existing sites with a focus on "innovation and sustainability to adapt to changing requirements and customer demand".

Rapleys is currently looking at opportunities for Kwik Fit in core demand locations, increasing the retailer’s presence where there is strong catchment in addition to anchoring new developments in neighbourhoods, out of town retail catchments and wider commercial and mixed-use schemes.

The current portfolio of Kwik Fit properties stands at over 630 with centres typically between 5-10,000 sq ft in size.

Kwik Fit is owned by European Tyre Enterprise Limited (ETEL) which includes tyre wholesale, distribution and recycling businesses as well as operating automotive centres.

Together with brands such as Tyre Pros and Central Tyre, ETEL’s UK retail network totals over 710 assets.

Adapting to the growth of EVs and ADAS

Paul Dempsey, group property director at ETEL, said: “A lot has changed in the past few years when it comes to accepting other uses into residential-led neighbourhoods.

"There is a growing understanding that broader development is essential and can add value to houses. 

"Vehicle technology is rapidly changing, including the growing adoption of electric vehicles and the wider use of advanced driver assistance systems.

"There is a greater need for car maintenance in crucial areas from advanced driver assistance system (ADAS) calibration to wheel alignment, meaning having a Kwik Fit nearby is a positive thing.

"Local access is particularly important for drivers with disabilities to maintain their independence and we support over one million Motability customers across the country."

Dempsey said Kwik Fit has adapted to the growth of EVs, ensuring it has nationwide capability to service them, with staff trained on the latest technology.

Kwik Fit's investment and upgrade plans include adding solar panels to buildings where possible, as well as making changes to lighting and heating systems.

Investments also include next gen technology such as ADAS calibration for newer cars and service area soundproofing.

Kwik Fit is in the market for new leases

Daniel Cook, head of automotive & roadside for Rapleys, said: “Kwik Fit is firmly in the market for new leases across the country.

"Landlords in this area, looking to develop new state-of-the art developments and/or repurpose existing assets should look to Kwik Fit as a core tenant with high expectations and a robust and deliverable growth plan.

"As the sector’s market leader, it offers a lot of opportunity which is good news for the sector, as well as landlords.

"It is also looking to move fast with an agile set up that facilitates quick decision making and mobilisation.

"Having adapted its business to incorporate the growing EV demand in addition to welcoming new technology and innovation, Kwik Fit will continue to thrive and it needs a bigger estate to support this."