BP Chargemaster HQ, Milton Keynes Deal
Development appraisal and financial modelling of a new HQ and assembly facility in Milton Keynes
Client
Milton Keynes Development Partnership
Price
£9.35m
Net yield
6%
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Development of a new state of the art HQ building comprising 44,523 sq ft. This includes 20,161 sq ft of high-quality office content (NIA) and 20,709 sq ft of production space (GIA). Let to BP Chargemaster on a 10 year unbroken lease term at a rent of around £13.50 per sq ft. BP Chargemaster is the UK’s largest provider of electric vehicle charging designing, building, selling and maintaining units.
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