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Rampart Way 0.04 Acres of Commercial Land Offered at $3,145,389 in Telford TF3 4AS
Investment Highlights
- Property is situated on Rampart Way
- Telford town centre and Telford train station are both located within a short walking distance from the property.
- Links directly to Junction 5 of M54.
Executive Summary
Excellently located adjacent to Junction 5 of M54 and a short distance from Telford town centre and train station. The site has been identified as a key location for the M54’s electric vehicle charging infrastruct.
Drive thru unit is pre-let to Campana Ltd (trading as Taco Bell) for a term of 15 yearsfrom completion (tenant break option 10th year). Lease subject to five yearly upward only reviews to CPI collared at 1% and capped at 3.0% per annum compounded EV charging hub is pre-let to Tesla Motors Ltd (8 spaces) for a term of 20 years (tenant break option 15th year) and Osprey Charging Network Ltd (12 spaces) for a term of 25 years(tenant break option 15th year).
Drive thru unit is pre-let to Campana Ltd (trading as Taco Bell) for a term of 15 yearsfrom completion (tenant break option 10th year). Lease subject to five yearly upward only reviews to CPI collared at 1% and capped at 3.0% per annum compounded EV charging hub is pre-let to Tesla Motors Ltd (8 spaces) for a term of 20 years (tenant break option 15th year) and Osprey Charging Network Ltd (12 spaces) for a term of 25 years(tenant break option 15th year).
Property Facts
| Price | $3,145,389 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Tenure | Freehold | Total Lot Size | 0.04 AC |
| No. Lots | 1 |
| Price | $3,145,389 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.04 AC |
1 Lot Available
Lot
| Price | $3,145,389 | Lot Size | 0.04 AC |
| Price Per AC | $80,595,195.45 |
| Price | $3,145,389 |
| Price Per AC | $80,595,195.45 |
| Lot Size | 0.04 AC |
Forward funding of a new drive thru and EV charging hub New build Taco Bell drive thru unit extending to 157.9 sq.m (1,700 sq.ft) with 10 car parking The EV charging hub will include 20 ultra rapid charging bays
Description
The property is situated on Rampart Way, which links directly to Junction 5 of M54. Telford town centre and Telford train station are both located within a short walking distance from the property. Immediately to adjacent to the property are KFC, Costa and Burger King drive thru units as well as a 155 bed Mercure Hotel.
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Rampart Way
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