Let to Dedicated Housing Limited until 2045 (no breaks)
Annual rental increases in line with Consumer Price Index
Held in a Single Purpose Vehicle (SPV) available under separate negotiation
Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.
Lot 11
Auction 21st May 2020
Rent £85,800 per Annum Exclusive
Status Withdrawn Post
Price
Sector Medical Centre/Doctors, Healthcare
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles north of Central London
Roads
A10, A110, M25 (Junction 25)
Rail
Enfield Town Overground (approximately 34 mins to London Liverpool Street)
Air
London City Airport, London Stansted Airport
Situation
The property is situated in a predominantly residential suburb less than 1 mile north of Enfield Town Centre. Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.
Tenure
Freehold.
Location
Miles
12 miles north of Central London
Roads
A10, A110, M25 (Junction 25)
Rail
Enfield Town Overground (approximately 34 mins to London Liverpool Street)
Air
London City Airport, London Stansted Airport
Situation
The property is situated in a predominantly residential suburb less than 1 mile north of Enfield Town Centre. Nearby occupiers include Greggs, Domino's Pizza, Co-op Food and Sainsbury's Local.
Tenure
Freehold.
Description
The property is a substantial specialist supported living home arranged over ground, first and second floors, comprising 6 bedrooms, each with an ensuite bathroom. The property benefits from a garden at the front and rear.
VAT
VAT is not applicable to this lot.
Viewings
Please be mindful that the property is occupied by vulnerable persons. We ask that interested parties do not attempt to view the property without an appointment arranged by the auctioneers.
Completion Period
Six Week Completion
EPC
Available from the legal pack at acuitus.co.uk
Description
The property is a substantial specialist supported living home arranged over ground, first and second floors, comprising 6 bedrooms, each with an ensuite bathroom. The property benefits from a garden at the front and rear.
VAT
VAT is not applicable to this lot.
Viewings
Please be mindful that the property is occupied by vulnerable persons. We ask that interested parties do not attempt to view the property without an appointment arranged by the auctioneers.
Completion Period
Six Week Completion
EPC
Available from the legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews/ (Reversion)
Ground, First and Second
6 Bedroom House
93 sq m
(1,001 sq ft)
DEDICATED HOUSING LIMITED (1)
25 years from 06/01/2020 on a full repairing and insuring lease
£85,800
Annually Linked to CPI (2) (05/01/2045)
Total
93 sq m
(1,001 sq ft)
£85,800
(1) Dedicated Housing Limited (CRN 09053192) was incorporated on the 22nd May 2014 and is rated as "Very low risk" on SmartSearch, (Source: SmartSearch 24/04/2020). Dedicated Housing Limited, operating as Dedicated Housing, is a charity registered with the Charity Commission of England and Wales under number 1160249 (2) The lease provides for annual Consumer Price Index (CPI) linked rent reviews.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
