Forward commitment to purchase a new build drive thru unit with EV charging in Leigh, Greater Manchester
• Greater Manchester is the UK’s second most populous urban area, with a population in excess of 2.8 million
• Prime commercial position adjacent to Parsonage Retail Park, providing a total of 287,471 sq ft of retail warehousing with occupiers including Halfords, Next, Currys, Pets at Home, Home Bargains, as well as others
• Excellent transport connectivity being located approximately 13 miles from the M60 Motorway and 5 miles from Junction 5 of M61 Motorway
• The property comprises a new build drive thru unit with EV charging capacity
• New build drive thru unit of 1,500 sq ft.
• EV charging for 2x bays
• Total site area of 0.3 acres
• Drive thru let to Starbucks Coffee Company (UK) Ltd
• Fully repairing and insuring lease for a term of 20 years from Practical Completion
• Initial rent of £118,000 (£78.60 psf)
• Rent to be reviewed five yearly to RPI (1-3% cap and collar)
• The EV charging bays will be let to let to Zood Infrastructure Ltd (Guaranteed by SEEIT Hold Co Limited) on a new Fully repairing and insuring lease for a term of 20 years and 3 months from Practical Completion
• Initial rent of £8,000 per annum (£4,000 per EV bay)
