Prime Investment Opportunity, BAE Crewe, Radway Green, Crewe, CW2 5PJ

- Crewe is a major logistics and industrial location within Cheshire.
- Radway Green is situated within 1.5 miles of junction 16 of the M6 motorway, 3 miles east of Crewe.
- The site has been used as a small arms ammunition facility for over 75 years.
- BAE have operated the site since 1987 and still own over 100 acres of additional land surrounding the subject property used for a variety of uses including a firing range.
- The subject property is a state of the art manufacturing and distribution facility built by BAE in consultation with the Ministry of Defence, completed in 2011 at a total cost in the order of £83,000,000.
- Let to BAE Systems plc on a lease expiring 1 October 2036 (over 22 years unexpired).
- Current rent is £2,892,853 per annum (October 2014) which rises annually based upon 2% fixed increases throughout the lease.
- BAE Systems plc are a FTSE 100 company with a market capitalisation of £13.4bn.
- BAE Systems plc are a world leader in small arms ammunition. They supply over 80% of general munitions to UK armed forces, having a long term agreement under the MASS partnership with the MoD.
- Offers in excess of £49,700,000 (Forty Nine Million Seven Hundred Thousand Pounds) which reflects a net initial yield of 5.5% after purchasers costs of 5.8%.