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88-90 Micklegate - Ultra-Rapid E.On EV Charging Hub Investment 3,493 sq ft Retail Unit Offered at £1,300,000 in York YO1 6JX
Investment Highlights
- Let to E.ON Drive Infrastructure (UK) Ltd (20 years, no breaks)
- Net Initial Yield of 6.82%
- Eight-bay hub with 400kW ultra-rapid charging units
- £94,000 per annum with CPI-linked uplifts (1% collar / 3% cap)
- First ultra-rapid EV charging hub in York
- Strong surrounding occupiers including Aviva, Travelodge and Radisson
Executive Summary
The property comprises a modern EV charging hub investment located within the Micklegate quarter of York city centre, one of the city’s principal commercial and leisure destinations. The site extends to approximately 0.08 acres (3,493 sq ft) and provides a purpose-built ultra-rapid electric vehicle charging facility, comprising an eight-bay hub served by four 400kW charging units, together with associated infrastructure. The property is let in its entirety to E.ON Drive Infrastructure (UK) Ltd on a 20-year lease (without break), producing a passing rent of £94,000 per annum, subject to CPI-linked rent reviews (1% collar / 3% cap). The asset occupies a prominent and accessible position within York city centre, with nearby occupiers including Aviva, Travelodge, Radisson and Malmaison, and benefits from strong vehicular movement and connectivity. The property represents the first and only ultra-rapid EV charging hub within the city. In addition, the site offers potential for alternative use or redevelopment, subject to planning, with previous consent secured for a seven-storey micro hotel scheme.
1 Unit Available
Unit Whole
| Unit Size | 3,493 sq ft | Unit Use | Retail |
| Price | £1,300,000 | Sale Type | Investment |
| Price Per sq ft | £372.17 | Tenure | Freehold |
| Unit Size | 3,493 sq ft |
| Price | £1,300,000 |
| Price Per sq ft | £372.17 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
Property Facts
| Total Property Size | 3,493 sq ft | Typical Floor Size | 3,493 sq ft |
| Property Type | Specialist (Unit) | Year Built | 2026 |
| Floors | 1 | Total Plot Size | 0.08 ac |
| Total Property Size | 3,493 sq ft |
| Property Type | Specialist (Unit) |
| Floors | 1 |
| Typical Floor Size | 3,493 sq ft |
| Year Built | 2026 |
| Total Plot Size | 0.08 ac |
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88-90 Micklegate - Ultra-Rapid E.On EV Charging Hub Investment
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