1-3 Wakefield Rd - Adwalton House
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1-3 Wakefield Rd - Adwalton House
9,860 SF Health Care Building Offered at $3,485,778 at a 5.90% Cap Rate in Drighlington BD11 1DH
Investment Highlights
- New 25 Year FRI Lease to GP Practice
- WAULT – 23 years 7 months
- Over 90% of the rent being NHS reimbursed
- Total Rental Income - £172,840 per annum on FRI Terms
- 3 yearly upwards only rent reviews
Executive Summary
Freehold for sale. Offers in the region of £2,750,000. A purchase at this level will show a yield of 6% net with purchasers’ costs at 6.8%.
Medical Centre and Pharmacy Sale and Leaseback.
- New 25 Year FRI Lease to GP Practice
- Existing Pharmacy Lease - Rent £13,080 pa
-Total Rental Income - £172,840 per annum on FRI Terms.
Medical Centre and Pharmacy Sale and Leaseback.
- New 25 Year FRI Lease to GP Practice
- Existing Pharmacy Lease - Rent £13,080 pa
-Total Rental Income - £172,840 per annum on FRI Terms.
Property Facts
Price | $3,485,778 | Lot Size | 0.52 AC |
Price Per Bed | $174,289 | Building Size | 9,860 SF |
Sale Type | Investment | No. Beds | 20 |
Cap Rate | 5.90% | No. Stories | 2 |
Sale Conditions | Sale Leaseback | Year Built | 2004 |
Tenure | Freehold | Parking Ratio | 2.13/1,000 SF |
Property Type | Health Care |
Price | $3,485,778 |
Price Per Bed | $174,289 |
Sale Type | Investment |
Cap Rate | 5.90% |
Sale Conditions | Sale Leaseback |
Tenure | Freehold |
Property Type | Health Care |
Lot Size | 0.52 AC |
Building Size | 9,860 SF |
No. Beds | 20 |
No. Stories | 2 |
Year Built | 2004 |
Parking Ratio | 2.13/1,000 SF |
Amenities
- Wheelchair Accessible
- Energy Performance Rating - B
- Smoke Detector
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1-3 Wakefield Rd - Adwalton House
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