Long income investment opportunity

Strategically located in Crewe, a nationally critical rail and employment centre with unrivalled transport connectivity to the rest of the UK. Property is let in its entirety to UK Fuels Limited (Guarantor: Radius Limited) as their HQ on an FRI lease with an unexpired term of 12.5 years. The Property is situated on Crewe Business and Technology Park, South Cheshire’s premier business and economic hub. Built to a high specification in 2018, the property comprises 52,697 sq ft NIA of office accommodation across ground and three upper floors. The property is held Long Leasehold from Cheshire East Borough Council for a term of 125 years from 5th May 2017 at a peppercorn rent. Site extends to 1.97 acres and benefits from an exceptionally low site coverage of 20%. UK Fuels Limited and Radius Limited provide an undoubted covenant with a 2025 sales turnover of £2.5bn and £4.5bn respectively. Rent of £1,205,911 per annum (Vendor topping up the November 2026 forecasted rent until November 2028 review), reflecting a rent of £23.39 psf. The lease is subject to five yearly RPI linked rent reviews (equivalent to 1% cap and 4% collar annually compounded). The next rent review is 2nd November 2028. The property benefits from 186 car parking spaces (1:283 sq ft), including 22 EV charging points. Exceptional amenity offering on site, including two gyms, café, restaurant, games room and end of trip facilities. Future proofed ESG credentials, including EPC A and BREEAM ‘Very Good’ rating.