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Costa Coffee Drive Thru & EV Charging Hub Bridge Street St 1,800 sq ft Retail Property Castleford WF10 1JP £2,580,000 (£1,433.33/sq ft) 6.01% Net Initial Yield
Investment Highlights
- Let to Costa Coffee on a 15-year FRI lease with RPI-linked rent reviews.
- New-build asset completed in 2025.
- Let to The Electric Vehicle Network Limited on a 30-year FRI lease with annual upward-only uncapped CPI rent reviews.
- Prominent drive-thru location with extensive passing traffic.
Executive Summary
Freehold roadside retail investment fully let to Costa Limited and The Electric Vehicle Network Limited. The Costa Coffee Drive-thru is let on a 15-year FRI lease with five-year RPI-linked rent reviews (1-3% collar and cap). The EV charging hub is let on a 30-year FRI lease with annual upward-only uncapped CPI rent reviews. Offers are sought in excess of £2,580,000, reflecting a NIY of 6.01% assuming purchaser's costs of 6.39%.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Property Size
1,800 sq ft
Costar Property Class
B
Year Built
2025
Price
£2,580,000
Price per sq ft
£1,433.33
Yield
6.01%
NOI
£155,058
Tenancy
Single
Number of Floors
1
Plot ratio
0.09
Total Plot Size
0.45 ac
Parking
16 Spaces (8.89 Spaces per 1,000 sq ft Leased)
Amenities
- Restaurant
- Drive Thru
- Car Charging Station
1 1
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Map
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Costa Coffee Drive Thru & EV Charging Hub | Bridge Street St
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