Investment Summary

Britannia House, Leek, Staffordshire

  • Headquarters office building let to Capita Business Services Limited
  • Located in the historic town of Leek, Staffordshire approximately 25 miles south of Manchester
  • 92,087 Sq Ft NIA
  • 579 car spaces providing 1:159 sq ft
  • Let on a 21 year lease to Capita Business Services Limited
  • Subject to 5 yearly upward only rent reviews linked to RPI, capped at 3% and compounded annually
  • Initial rent of £750,000 per annum (£8.12 per sq ft)
  • NIY of 6%
  • Offers in excess of £11,720,000

 

Back to investments
...