The Rapid and Ultra Rapid EV Charging Market
Key Data Points (End of 2025)
- Total Devices – 88,000 public charging devices
- Ultra Rapid – 9,893 devices
- Growth drivers: Increased installation of high powered chargers at motorway service areas and dedicated charging hubs
Trends and Insights
- Shift to Ultra Rapid: For the first time, ultra rapid chargers now outnumber rapid chargers, indicating a maturation of the network for longer journeys
- Hub Development: There is a significant rise in charging hubs (sites with 6+ rapid/ultra rapid chargers), growing by 39% in 2025 to 748 locations
- Strategic Road Network: Provision has more than tripled in three years, with over 1,100 rapid or ultra rapid chargers at motorway service areas by mid-2025, supporting the government’s zero-emission goals
- Regional Growth: Strong growth outside London/SE, with the North West seeing over 35% growth in high-powered chargers in 2025
- Focus on Reliability: Growth is shifting from mere volume to installing the right chargers in the right places, addressing driver needs and building confidence for EV adoption
Data Sources:
- Zapmap (www.zapmap.com)
- Gov.uk
Tenure
Freehold.
Tenancies
An Agreement for Lease dated 29th September 2025, amended by a Deed of Variation dated 2nd March 2025, has been signed with Fastned UK Limited, with a guarantee from Fastned B.V, for a term of 30 years, without breaks, at an initial rent of £84,000 per annum. The lease will provide a three months’ rent free period.
There are annual increases in accordance with increases in the Consumer Price Index, subject to a minimum annual increase of 2% and maximum of 4%.
The lease will complete once the current planning application has been granted.
Rent Increases:
The latest Consumer Price Index (CPI) value at December 2025 is 140.1, compared to 68 as at December 1995. Over the last 30 years, CPI has increased 106%, averaging 3.5% annually. Whilst the lease provides for a minimum increase of 2% per annum, it is reasonable to suggest that rent increases will exceed this minimum level.
Adopting the average increase of 3.5% per annum, an investor can reasonably anticipate receiving increasing income as follows:
| Initial Rent | £84,000 |
| Anticipated Rent 5th Year | £99,766 |
| Anticipated Rent 10th Year | £118,490 |
| Anticipated Rent 15th Year | £140,729 |
| Anticipated Rent 20th Year | £167,142 |
| Anticipated Rent 25th Year | £198,513 |
Note the rent increases annually but we have shown the increases five yearly.
Based upon the asking price (See Proposal Section), we suggest an investor can, therefore, reasonably expect the following increasing yield profile over the course of the lease.
| Initial Net Yield | 6.0% |
| Anticipated Net Yield 5th Year | 7.1% |
| Anticipated Net Yield 10th Year | 8.5% |
| Anticipated Net Yield 15th Year | 10.1% |
| Anticipated Net Yield 20th Year | 12.0% |
| Anticipated Net Yield 25th Year | 14.2% |
Power Supply
There is a 2MVA (Mega Volt-Amperes) power supply secured from National Grid, and Fastned will be developing the necessary infrastructure and substation as part of their EV hub development. This power supply and associated infrastructure will remain at the end of the 30 year lease, ensuring future use for EV Charging or other uses. Fastned will be granting a sub-lease of the substation to National Grid for a term co-terminus with the tenant’s lease, less one day.
Site
The site area is approximately 0.54 acres (0.22 hectares).
The tenant has carried out a complete set of surveys as part of their planning submittal.
A Phase 1 Geo-Environmental Desk Study and Coal Mining Risk Assessment was undertaken on behalf of Fastned UK Limited by RLRE Consulting Engineers in July 2025.
The report concluded that “the site is not determined as Contaminated Land under Part IIA EPA 1990” and “is considered to present a moderate risk to human health and Controlled Waters from contamination.”
The Coal Mining Risk Assessment concludes that “no records of recorded shallow workings have been identified within, or within the vicinity of the site” and that “recorded workings beneath the site are at significant depth and are considered to present a very low risk to the proposed development.” Furthermore, we have provided correspondence from The Coal Authority dated 20th January 2026 confirming that the Authority “..do not object to this planning application”.
The report includes a Flood Risk Assessment which concludes that the risk of flooding is classed as negligible across the site. In addition, a separate Flood Risk Statement dated 4th August 2025 states that there is less than a 0.1 percent (1 in 100) chance of flooding occurring from fluvial sources in any given year.
In addition, the tenant has carried out an Arboricultural Impact Assessment & Tree Survey and Biodiversity Net Gain Assessment.
Copies of all these reports are available to download.
Covenants
Fastned UK Limited (Company number 11140404) is the UK operating subsidiary of Fastned B.V., a Netherlands-registered company specialising in the development, ownership and operation of ultra-rapid electric vehicle (EV) charging infrastructure across Europe.
Fastned B.V. provides a parent company guarantee to support the tenant’s obligations. The parent company has a reported market capitalisation of approximately €425 million and is ranked among the top three Charge Point Operators (CPOs) by revenue reflecting its scale and market confidence in the business. Fastned operates an extensive and growing European charging network and has established itself as a leading brand in the EV infrastructure sector.
Fastned ‘s revenues generated from EV charging increased by 44% year-on-year to €32.0 million in Q3 2024. The company has achieved positive EBITDA for the second consecutive year, reporting €4.6 million in FY2023 and €8.7 million in FY2024, with forecasts of €15.4 million in FY2025. Fastned also maintains a strong balance sheet, with a cash position of €117.4 million at FY2024, providing significant headroom to fund ongoing expansion across Europe and the UK.
The covenant strength of the group is further enhanced by a €75 million strategic investment from Schroders Capital, a global institutional investor. This investment was made to accelerate Fastned’s long-term growth strategy and expansion, particularly within key European markets including the UK. For further information see here.
Fastned has also secured significant public-sector endorsement in the UK. Transport for London has entered into a joint venture with Fastned to develop new ultra-rapid EV charging hubs across its estate, demonstrating strong institutional confidence in Fastned’s operational capability, financial standing and long-term commitment to the UK market. For further information see here.
Rateable Value
EV Charging hubs are exempt, hence there are no business rates payable.
Planning
A certificate of (proposed) lawful development for the installation of EV charging upstands was granted by Stoke-on-Trent City Council on 1st July 2025. A certificate of (proposed) lawful development for the installation of a substation was granted on 9th October 2025. Copies of these certificates can be obtained via the data room.
Whilst the site now has full consent for the construction of an ultra rapid EV charging hub, Fastned have submitted their own planning application for its standard blueprint EV hub design which was submitted on the 1st October 2025 Planning reference is 25/FUL/00849. We are advised that permission is anticipated in March 2026. Given the site’s existing consents and the positive engagement from the Local Planning Authority, as well as the consultee comments received, we do not anticipate any objection to the application.
VAT
The property sale will be subject to VAT since the transaction cannot be treated as a Transfer of a Going Concern. However, as the property has been opted for tax, a purchaser will be able to recover the VAT when submitting their VAT quarterly return (assuming they are VAT registered).
Title
Note that a title insurance policy from Zurich Insurance plc exists in relation to defects in title and restrictive covenants. Further information is available within the data room.
Proposal
We are seeking offers in the region of £1,320,000 (One Million, Three Hundred and Twenty Thousand Pounds, subject to contract, reflecting a net initial yield of 6.0%.
The sale contract is conditional upon planning. When planning is obtained, this will trigger the mechanism whereby the tenant is committed to complete the lease in accordance with the Agreement for Lease; this will occur after the sale has been completed but in the knowledge that the tenant cannot withdraw.
Should planning fail to be obtained within six months, the vendor will reimburse the purchaser’s reasonable legal fees, subject to a cap at £5,000 plus VAT.
The purchaser is required to pay a contract deposit of 10% of the purchase price. Interest will accrue to the benefit of the purchaser for a period commencing 8 weeks from exchange of the purchase contract.
The purchaser is to reimburse the cost of searches at £2,481.25.
Investment Considerations
An opportunity to invest into the Ultra Rapid EV Charging Hub market;
A new scheme offering 30 years of income;
The tenant is part of a European company with a market capitalisation of €425m, acting as guarantor to the lease;
Highly prominent site;
Attractive lot size and yield profile.
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Data Room
A full data room is available for this property.
Click the button below to access the data room, or navigate to the area titled “clicktopurchase®”, where you can view the data room and commence the online purchase process.















