Emperor Court, Emperor Way, Crewe CW1 5NP

Emperor Court, Emperor Way, Crewe CW1 5NP

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• Modern office investment within an established and popular business park

• Three storey office building built in 2008 with large surfaced car park

• Prominent location at the entrance to the business park on Electra Way

• Total net internal area of 21,574 sq ft

• Fully let

• 70% of the income secured against the strong covenant of WEX Europe Services Limited (Guaranteed by UK Fuels Limited) - £96.9m net worth

• AWULT of 4.05 years to expiry, 3.46 years to break

• Large site of 1.11 acres with a low site coverage of 20%

• Held long leasehold at a peppercorn rent with 115 years unexpired

• Total rental income of £297,300 per annum

• Offers in excess of £2,800,000 (STC)

• Net initial yield of 10.00%

• Estimated reversionary yield of 10.15%

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