Headquarters Office & Tech Centre Investment Sale , Pinley Hse & PSA Tech Centre, Sunbeam Way, Coventry, CV3 1ND

- A rare opportunity to acquire a prestigious United Kingdom Head Quarters office building together with modern Technical Centre let to a world famous car brand.
- Located in Coventry, the heart of the Midlands Automotive Industry on the site of a major commercial and residential redevelopment success.
- Built in 2006 Pinley House and the associated Technical Centre provides a highly specified modern grade A office building together with state of the art showroom and vehicle workshop academy.
- Pinley House extends to 106,746 sq ft. together with 576 car parking spaces on a site of 7.5 acres giving an excellent car-parking ratio of 1 car space to 195 sq ft.
- The Technical Centre extends to 59,095 sq ft. with a 90m average yard depth including 404 car spaces on a site of 6.5 acres providing a very low developed density of 20.9%.
- Freehold.
- Let in its entirety to Peugeot Motor Company Plc the wholly owned UK subsidiary of Peugeot Citroen PSA, Europe’s second largest vehicle manufacturer who in 2012 sold 2.9 million vehicles worldwide.
- 18 years from 16 October 2013 FRI lease with 5 yearly upward only rent reviews to the RPI index capped at 5% and collared at 2%.
- Initial total rent of £2,008,474 per annum equating to £16.25 per sq ft on the offices and £6.22 per sq ft on the Technical Centre.