Why Landlords Should Offer EV Charging
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Tenant demand is rising — More renters and commercial tenants expect EV charging as a basic amenity.
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Property value & competitiveness — Buildings with EV infrastructure tend to command higher rents or sales premiums.
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Low capital risk via operator models — Landlords can lease land or parking bays to Charge Point Operators (CPOs) with minimal upfront cost.
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Government support & grants — Various grant schemes help offset installation costs for landlords.
Models and Commercial Arrangements
1. Lease / Licence to a Charge Point Operator
The landlord grants a lease or licence to a CPO, who installs, operates, and maintains the charging infrastructure while paying rent or sharing revenue.
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Rent models: fixed rent per charger, index-linked uplifts, or revenue-share (profit/rental share) models.
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Lease terms: must consider rights for redevelopment, “lift & shift” relocation clauses, and renewal/termination flexibility.
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Security obligations: tenant will often take full repairing and reinstatement responsibility.
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Substation leases: where new power infrastructure is needed, separate long-term leases may be required with DNOs.
2. Landlord-Owned / Operated Model
The landlord installs and operates the chargers, retaining full revenue and control. This route requires capital, technical oversight, and ongoing maintenance.
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Revenue upside is higher, but so is risk exposure to downtime, energy cost, and technology obsolescence.
3. Hybrid / Shared Investment
Partnerships where landlord and operator share installation cost, revenue, or responsibilities. This balances control and risk.
4. Tenant-Led Installation under Consent
A tenant requests installation, and landlord grants permission under defined terms — often requiring legal agreements to manage responsibilities.
Technical & Planning Considerations
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Electricity capacity & load balancing: Ensure grid capacity and employ load-management to manage multiple chargers on limited infrastructure.
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Planning and building regulations: EV charger installations may be “development” — check whether planning permission is needed.
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Title, access & rights: Ensure rights to cable runs, access to parking, and landlord consent in leases.
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Lease drafting: Include clauses for assignment, substation rights, termination, relocation, and reinstatement.
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Maintenance & uptime: Define responsibilities and service levels.
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Scaling & future-proofing: Pre-cabling and modular systems to accommodate growth.
Examples & Market Benchmarks
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Rent per charger: In commercial leases, typical rent bands are £2,000 to £4,000 per charger per year (index linked).
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Operator models growth: CBRE notes two core revenue models — lease-out to CPOs and full landlord ownership — depending on risk appetite.
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Apartment / multi-unit solutions: Providers such as Connectric provide turnkey solutions for flats and landlord portfolios.
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Load-balancing systems: iDACS offers scalable systems for apartment blocks and landlord schemes.
Challenges & Risk Mitigation
| Challenge | Mitigation |
|---|---|
| Technology obsolescence | Include upgrade or refresh provisions in lease |
| Capacity constraints / grid costs | Use smart load balancing; negotiate DNO upgrades |
| Tenant turnover / assignment complexities | Require assignment or novation clauses, direct agreements with funders |
| Lease renewal / security of tenure | Exclude from Landlord & Tenant Act 1954, or include break clauses |
| Legal & planning delays | Undertake pre-appraisal, conditional leases pending planning |
| Removal & reinstatement costs | Define responsibilities and agreed limits in the lease |
Fraser Bond’s Role for Landlords
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Feasibility & demand modelling — footprint, usage, grid, payback
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Operator sourcing & deal structuring — connecting landlords to proven CPOs
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Drafting & negotiation — ensuring lease terms protect your interests
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Regulatory & compliance support — planning, title, DNO engagement
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Exit & asset strategy alignment — integrating EV infrastructure into your property’s roadmap
To explore EV charging solutions tailored to your London or UK property portfolio, visit FraserBond.com and request our EV infrastructure advisory service.