Oasis Dental Centre St Georges Road Millom Cumbria LA18 5DN

Oasis Dental Centre
St Georges Road
Millom
Cumbria
LA18 5DN

Freehold Dental Surgery Investment

  • Let to Oasis Dental Care Limited - a part of Bupa
  • New 10 year lease from May 2017 (subject to option)
  • Nearby occupiers include a Tesco Superstore, Cooperative Food and branches of NatWest and Barclays Banks
  • Popular Cumbrian town on the edge of the Lake District
  • Lot
    53
  • Auction
    19th October 2017
  • Rent
    £11,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £150,000
  • Sector
    Medical/Healthcare
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of Telereal Trillium
  • Expand
  • Photos
  • Map

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

Freehold Dental Surgery Investment

  • Let to Oasis Dental Care Limited - a part of Bupa
  • New 10 year lease from May 2017 (subject to option)
  • Nearby occupiers include a Tesco Superstore, Cooperative Food and branches of NatWest and Barclays Banks
  • Popular Cumbrian town on the edge of the Lake District
  • Lot 53
  • Auction 19th October 2017
  • Rent
  • Status Sold
  • Price £150,000
  • Sector
    Medical/Healthcare
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On the Instructions of Telereal Trillium

Property Information

Location
Miles
24 miles from Kendal
50 miles from Carlisle
Roads
A595, A5093
Rail
Millom Railway Station
Air
Manchester Airport
Situation

Millom is a popular town located on the south-west coast of Cumbria, just south of the boundary with the Lake District National Park. The property occupies a prominent position on the southern side of St George's Road, a short walk from the town's railway station. There is a Tesco Superstore nearby, with other nearby occupiers including Co-operative Food, Post Office and branches of NatWest and Barclays Banks.

Tenure

Freehold.

Location
Miles
24 miles from Kendal
50 miles from Carlisle
Roads
A595, A5093
Rail
Millom Railway Station
Air
Manchester Airport
Situation

Millom is a popular town located on the south-west coast of Cumbria, just south of the boundary with the Lake District National Park. The property occupies a prominent position on the southern side of St George's Road, a short walk from the town's railway station. There is a Tesco Superstore nearby, with other nearby occupiers including Co-operative Food, Post Office and branches of NatWest and Barclays Banks.

Tenure

Freehold.

Description

The property comprises a ground floor dental surgery benefiting from car parking for approximately five cars.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor dental surgery benefiting from car parking for approximately five cars.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground Dental
Surgery
241.20 sq m
(2,596 sq ft)
OASIS DENTAL
CARE (CENTRAL)
LIMITED (1)
10 years from
18/05/2017 until
17/05/2027 (2) on a
full repairing and
insuring lease (3)
£11,000 18/05/2022 (4)
Totals
241.20 sq m
(2,596 sq ft)
    £11,000  

(1) For the year ending 31st March 2016, Oasis Dental Care Limited reported a turnover of £58,282,000 and pre-tax profits of £2,499,000 (Source: Experian Group 18/08/2017). Oasis Dental Care was acquired by Bupa in February 2017. Bupa aims to become a major dental provider in the UK with over 2 million dental patients and 400 clinics (Source: www.bupa.co.uk 18/08/2017).
(2) The lease provides for a tenant option to determine on 17th May 2022.
(3) The lease is subject to a Schedule of Condition.
(4) The rent is reviewed to RPI.

Property Documents

  • Site Plan
    Updated Date
    29.10.19
    File Size
    622 KB
    View PDF
  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    520 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
Seller's Solicitors
Irwin Mitchell LLP Bauhaus, Rossetti Place, 27 Quay Street
Manchester
M3 4AW
Tony Weightman 0161 838 3148tony.weightman@irwinmitchell.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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