Honda F1
Grampian Gate, Winterhill, Milton Keynes, MK6
A unique opportunity to acquire a securely let European Formula 1 HQ in the heart of Milton Keynes
Price: £6.5m
Status: Completed (Apr 22)
Tenure: Freehold
Transaction details
Description
Securely let European Formula 1 HQ providing 43,151 sq ft of modern, highly specified accommodation.
Located on a 1.81-acre site with a low site density of just 31%. Purpose built in 2016, with the mezzanine floor fitted out in 2019.
Tenancy
Single let to Red Bull Powertrains Limited (guaranteed by Red Bull GmbH) until 30th April 2026 producing a passing rent of £367,000 per annum, reflecting £8.50 per sq ft.
Location
Located on Grampian Gate in the heart of Milton Keynes – a dynamic and exciting location, expected to experience the fastest economic growth of any UK town or city in 2022.
The property is immediately adjacent to the A5 trunk road, and less than 900m from Milton Keynes Central Station.
Contacts
Meet the teamMark Shipman
Founding Partner
Harry Cox
Director
Robert Goldbart
Senior Associate