EV Charging Hub Investment Opportunity
EV Charging Hub York
E-On Drive EV Charging Hub
Mill House, North Street, York YO1 6JD
Investment Summary
- Prime city centre location with major occupiers in the immediate vicinity including Aviva, Travelodge, Radisson and Malmaison, together with numerous restaurants
- Located in the Micklegate quarter of historic York city centre, the asset is the first and only ultra-rapid EVC hub in the city
- The eight-bay hub is served by four 400KW charging units and has the benefit of a rarely available 960 kva power supply
- The site has a strong alternative use underpin, having previously had planning permission for a seven-storey 80-bed hotel
- Let to E.On Drive Infrastructure UK Limited for 20 years (no breaks) from 19 March 2026 with a guarantee from E.On Drive Infrastructure GMBH
- Initial rent of £94,000 per annum, subject to five-yearly indexed uplifts based on CPI with an annual collar of 1% and cap of 3%
- Offers sought in excess of £1,300,000, reflecting a Net Initial Yield of 6.82%
- For more information, please contact Alastair Coates or Josh Wraight