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Status Withdrawn Post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.