• 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%
