£16.000.000
Confirmation
Forward Funding Investment Opportunity
Wolverhampton, United Kingdom
Industrial
#14258
Core
3 Feb 2024
Property Details
Broker
Deactivated
102,500 m²
Gross area
156 £/m²
4.40 %
Freehold
Fees
Investment Overview
Forward Funding Investment Opportunity - 25 Years Unbroken with CPIH Linked Rent Reviews. Pre-let to Fablink for 25 years with CPIH linked rent reviews. Grade A high specification manufacturing warehouse to be developed providing a target total gross internal area of 102,500 sq ft. Exceptional ESG Credentials, including highly sustainable design features, target EPC A and BREEAM Excellent. Situated on i54, Wolverhampton, the internationally recognised advanced manufacturing hub situated in the heart of the ‘ Midlands Engine’ and directly opposite the Jaguar Land Rover Engine Manufacturing Centre (EMC). To be let to Fablink UK Limited with a parent company guarantee from Fablink Group Holdings Limited for 25 years without break. An initial passing rent of £750,950 per annum reflecting £7.18 psf based upon the target floor area and £15,000 for the secondary secure yard. 5 yearly upwards only rent reviews linked to compounded CPIH, with a 1-3% pa collar and cap.
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