Let to Whitecross Dental Care Limited – a part of MyDentist Group
March 2018 tenant break option not exercised
Located in a predominantly residential area
VAT-free dental surgery investment
Lot 79
Auction 18th October 2018
Rent £5,500 per Annum Exclusive
Status Sold
Price £75,000
Sector Medical/Healthcare
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
8 miles north-east of Liverpool
8 miles north-west of St Helens
Roads
A580, A5208, M57, M58
Rail
Kirkby Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated in a predominantly residential area in Kirkby, eight miles north-east of Liverpool city centre, at the corner of Carlis Road and Medbourne Crescent, to the south of the A580, which connects Liverpool to Manchester. Junction 6 of the M57 is to the west.
Tenure
Freehold.
Location
Miles
8 miles north-east of Liverpool
8 miles north-west of St Helens
Roads
A580, A5208, M57, M58
Rail
Kirkby Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated in a predominantly residential area in Kirkby, eight miles north-east of Liverpool city centre, at the corner of Carlis Road and Medbourne Crescent, to the south of the A580, which connects Liverpool to Manchester. Junction 6 of the M57 is to the west.
Tenure
Freehold.
Description
The property comprises a ground floor dental surgery with onsite parking for two cars.
VAT
VAT is not applicable to this lot.
Note
The Buyer will pay 2% + VAT of the purchase price towards the seller’s costs.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor dental surgery with onsite parking for two cars.
VAT
VAT is not applicable to this lot.
Note
The Buyer will pay 2% + VAT of the purchase price towards the seller’s costs.
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
Reversion
Ground
Dental Surgery/ Ancillary
65.49 sq m
(705 sq ft)
WHITECROSS DENTAL CARE LIMITED with a guarantee from Intergrated Dental Holdings Limited (1)
15 years from 31/03/2008 on a full repairing and insuring lease
£5,500
30/03/2023
Total
65.49 sq m
(705 sq ft)
£5,500
(1) For the year ending 31st March 2017, Whitecross Dental Care Limited reported a turnover of £218,090,000, pre-tax profits of £1,400,000 and a total net worth of £-56,903,000. MyDentist has a 600-plus network of practices and is committed to providing the latest treatments, and helping the nation improve their oral health with over seven million people in the UK registered (Sources: Experian Group and www.ldc.co.uk 11/09/2018).
