126 Hermitage Woods Cresent Woking Surrey GU21 8UH

126 Hermitage Woods Cresent
Woking
Surrey
GU21 8UH

Freehold Assisted Living Investment

  • 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 Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy
  • Lot
    26
  • Auction
    21st May 2020
  • Rent
    £81,120 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Medical/Healthcare
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Assisted Living Investment

  • 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 Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy
  • Lot 26
  • Auction 21st May 2020
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Medical/Healthcare
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
6 miles north of Guildford,
23 miles south-west of Central London
Roads
A3, M25 (Junction 10/11)
Rail
Woking Railway Station (25 min to London Waterloo)
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is situated in a predominantly residential suburb approximately 2 miles south-west of Dorking Town Centre. Nearby occupiers include Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy.

Tenure

Freehold.

Location
Miles
6 miles north of Guildford,
23 miles south-west of Central London
Roads
A3, M25 (Junction 10/11)
Rail
Woking Railway Station (25 min to London Waterloo)
Air
London Heathrow Airport, London Gatwick Airport
Situation

The property is situated in a predominantly residential suburb approximately 2 miles south-west of Dorking Town Centre. Nearby occupiers include Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy.

Tenure

Freehold.

Description

The property is a substantial specialist supported living home arranged over ground and first floors, comprising 6 bedrooms. The property benefits from a garden at the rear and off street parking and a garage at the front.

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 and first floors, comprising 6 bedrooms. The property benefits from a garden at the rear and off street parking and a garage at the front.

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 and
First
6 Bedroom
House
132 sq m
(1,420 sq ft)
DEDICATED
HOUSING
LIMITED (1)
25 years from
06/01/2020 on a full
repairing and
insuring lease
£81,120 Annually
Linked to CPI
(2)
(05/01/2045)
Total
132 sq m
(1,420 sq ft)
    £81,120  

(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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    01.05.20
    File Size
    715 KB
    View PDF
  • Site Plan
    Updated Date
    01.05.20
    File Size
    273 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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Browne Jacobson No.1 Spinningfields, 1 Hardman Square, Spinningfields
Manchester
M3 3EB
Helen Taylor 0330 045 2761helen.e.taylor@brownejacobson.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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