Purpose built Contact Centre facility providing 158,471 sq ft (NIA)
High profile building previously occupied by BT Cellnet and O2
1,097 car parking spaces providing an excellent car parking ratio of 1:144 sq ft
15.54 acre site
Excellent connectivity to the national motorway network and close to large local conurbations, providing a cost effective and skilled labour source
Full repairing and insuring lease
Lease to Capita Business Services Ltd - D&B rated 5A1 and a major constituent part of FTSE 100 parent company, Capita Plc
Initial rent £1,893,985 per annum (£11.64 psf)
Subject to annual rent reviews, linked to RPI collared and capped at 0% and 3%
Seeking offers in excess of £40,000,000, subject to contract and exclusive of VAT
4.43% Net Initial Yield