Crosby Diagnostic Centre 1 Kenilworth Road, Crosby Liverpool Merseyside L23 3AD

Crosby Diagnostic Centre
1 Kenilworth Road, Crosby
Liverpool
Merseyside
L23 3AD

Freehold Medical Centre Investment

  • Entirely let to Aintree University Hospital Trust (on assignment from BMI Healthcare Limited)
  • Lease expires 2035 (No breaks)
  • Annual RPI linked Rent Reviews
  • Approximate site area of 0.21 hectares (0.52 acres)
  • Predominantly residential location in affluent Liverpool commuter town
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    50
  • Auction
    9th July 2015
  • Rent
    £40,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £505,000
  • Sector
    Medical/Healthcare
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Medical Centre Investment

  • Entirely let to Aintree University Hospital Trust (on assignment from BMI Healthcare Limited)
  • Lease expires 2035 (No breaks)
  • Annual RPI linked Rent Reviews
  • Approximate site area of 0.21 hectares (0.52 acres)
  • Predominantly residential location in affluent Liverpool commuter town
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 50
  • Auction 9th July 2015
  • Rent
  • Status Sold
  • Price £505,000
  • Sector
    Medical/Healthcare
  • 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.

Property Documents

  • Catalogue Page
    Updated Date
    17.06.15
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    17.06.15
    File Size
    67 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
CBRE Henrietta House, Henrietta Place
London
W1G 0NB
Peter Farnes 0207 172 2722peter.farnes@cbre.com
Seller's Solicitors
Taylor Wessing LLP 5 New Street Square
London
EC4A 3TW
+44 (0)20 7300 7100
Louise Tobutt 020 7300 4075l.tobutt@taylorwessing.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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