Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
6 miles north of Liverpool, 35 miles west of Manchester
Roads
A565,A5036, A507, M57, M58, M62
Rail
Blundellsands & Crosby Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated in the town of Crosby, six miles north of Liverpool city centre. The property is situated on the east side of Kenilworth Road at its junctions with Ivanhoe Road and Blundellsands Road East, in a predominantly residential area. Blundellsands & Crosby Railway Station is located less than 1/4 mile from the property.
Tenure
Freehold.
Location
Miles
6 miles north of Liverpool, 35 miles west of Manchester
Roads
A565,A5036, A507, M57, M58, M62
Rail
Blundellsands & Crosby Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated in the town of Crosby, six miles north of Liverpool city centre. The property is situated on the east side of Kenilworth Road at its junctions with Ivanhoe Road and Blundellsands Road East, in a predominantly residential area. Blundellsands & Crosby Railway Station is located less than 1/4 mile from the property.
Tenure
Freehold.
Description
The property, a former elderly care nursing home, is arranged over lower ground, ground, first and second floors. The property now serves as an outpatient diagnostics facility and benefits from four treatment rooms, seven consulting rooms, three recovery bays, Xray, radiology and ultrasound rooms, a physiotherapy suite and reception. There is car parking for approximately 20 cars and landscaped gardens.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a former elderly care nursing home, is arranged over lower ground, ground, first and second floors. The property now serves as an outpatient diagnostics facility and benefits from four treatment rooms, seven consulting rooms, three recovery bays, Xray, radiology and ultrasound rooms, a physiotherapy suite and reception. There is car parking for approximately 20 cars and landscaped gardens.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Tenant
Term
Rent p.a.x
Reviews
Lower Ground, Ground, First and Second (2)
Medical Centre
AINTREE UNIVERSITY HOSPITAL TRUST ON ASSIGNMENT FROM BMI HEALTHCARE LIMITED (1) (2)
25 years from 28/05/2010 until 2035 on a full repairing and insuring lease
£40,000 (3)
Annually linked to Retail Price Index (RPI) (3)
Totals
£40,000
(1) There is an Authorised Guarantee Agreement (AGA) between Aintree University Hospital Trust and BMI Healthcare Limited, who are the UK’s largest independent healthcare employer, with over 60 hospitals across the UK and over 10,000 staff. (Source: company website). (2)The tenant has sublet the entire second floor to Transform Medical Group until 2017 at a current rent reserved of £40,000 p.a.x. Transform Medical Group have occupied the second floor since 2007. (3)The lease provides for annual rent reviews linked to the Retail Price Index (RPI), subject to a maximum rent of £50,000 p.a.x. The rent review clause in the lease provides the tenant the option to pay the Freeholder the lesser of the income received from the sublease or the maximum rent of £50,000 p.a.x. – please see lease.