High Yielding Long Income Opportunity

A prime single-let headquarters office investment in a strategic location with excellent access to the M57, M62, M58, and A580. High-specification office building comprising approximately 114,868 sq ft (10,671.49 sq m) with potential to expand further. 651 car spaces providing a generous parking ratio of 1:176 sq ft. Site area of approximately 5.6 hectares (14 acres) with potential to acquire an additional adjoining site. EPC B31 and BREEAM “Very Good”. Let to Matalan Retail Limited with approximately 15 years unexpired. 5-yearly RPI-linked rent reviews (1-4% per annum compounded). The rent will increase on 2 January 2027 to a minimum of £2,798,482 per annum and potentially up to £2,967,198 per annum. The vendor will top the rent up to the minimum fixed uplift of £2,798,482. Held long leasehold for a term of 999 years from 1946 at a peppercorn rent.