Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
20 miles south of Sheffield, 17 miles north of Nottingham, 3 miles west of Mansfield
Roads
M1, A38, A617
Rail
Sutton-in-Ashfield
Air
East Midlands Airport
Situation
Sutton-in-Ashfield is located off the A38 trunk road 3 miles east of the M1 motorway (J28). Oates Hill Health Centre is prominently situated at the junction of Forest Street, High Pavement and Station Road. The property is located in a mixed residential/commercial area on the fringe of the town centre, adjacent to Halfords and close to Portland Retail Park. Occupiers close by include Pets at Home, Poundstretcher, Matalan, Lidl and Domino’s Pizza
Tenure
Freehold.
Location
Miles
20 miles south of Sheffield, 17 miles north of Nottingham, 3 miles west of Mansfield
Roads
M1, A38, A617
Rail
Sutton-in-Ashfield
Air
East Midlands Airport
Situation
Sutton-in-Ashfield is located off the A38 trunk road 3 miles east of the M1 motorway (J28). Oates Hill Health Centre is prominently situated at the junction of Forest Street, High Pavement and Station Road. The property is located in a mixed residential/commercial area on the fringe of the town centre, adjacent to Halfords and close to Portland Retail Park. Occupiers close by include Pets at Home, Poundstretcher, Matalan, Lidl and Domino’s Pizza
Tenure
Freehold.
Description
The property comprises an established purpose built ground floor health centre, together with a rear car park for 15 cars including 2 disabled parking spaces. The property comprises a waiting room, reception, six clinical rooms, office/ administrative accommodation, storage, a staff kitchen, patient and staff WCs.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an established purpose built ground floor health centre, together with a rear car park for 15 cars including 2 disabled parking spaces. The property comprises a waiting room, reception, six clinical rooms, office/ administrative accommodation, storage, a staff kitchen, patient and staff WCs.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
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
Reviews
Ground
Medical
316 sq m
(3,401 sq ft)
NHS PROPERTY SERVICES LIMITED (2)
25 years from 20/09/2001 on a full repairing and insuring lease
£44,000
2016 and 5 yearly (1)
Total
316 sq m
(3,401 sq ft)
£44,000
(1) 2016 rent review notice served proposing a new rent of £50,250 per annum. The review remains outstanding. (2) For the year ended 31st March 2017, NHS Property Services Limited reported a turnover of £792,269,000, a pre-tax loss of £32,786,000 and a net worth of £3,269,287,000 (Source : Experian 26/04/2018).