Freehold Supported Living Investment
Freehold Supported Living Investment
The property is situated in a predominantly residential suburb some 1.5 miles south-west of Nottingham University Hospital. Nearby occupiers include Greggs, Esso petrol station, Halfords and Domino's Pizza.
Freehold.
The property is situated in a predominantly residential suburb some 1.5 miles south-west of Nottingham University Hospital. Nearby occupiers include Greggs, Esso petrol station, Halfords and Domino's Pizza.
Freehold.
The property is a substantial specialist supported living care home comprising 4 bedrooms. The property benefits from a garden at the rear and off street parking at the front.
VAT is not applicable to this lot.
Six Week Completion
Band C. See legal pack.
The property is a substantial specialist supported living care home comprising 4 bedrooms. The property benefits from a garden at the rear and off street parking at the front.
VAT is not applicable to this lot.
Six Week Completion
Band C. See legal pack.
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Reversion/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground and First |
4 bedroom house |
105.20 sq m |
(1,132 sq ft) |
INCLUSION HOUSING COMMUNITY INTEREST COMPANY (1) |
22 years from 31/01/2020 on a full repairing and insuring lease |
£39,520 | Annually from April 2021. Linked to CPI (2) (30/01/2042) |
| Total |
105.20 sq m |
(1,132 sq ft) |
£39,520 | ||||
(1) Inclusion Housing Community Interest Company (CRN 061 69583) was incorporated in March 2007 and, for the year ending 31st March 2019, reported a turnover of 28,287,000, pre-tax profits of 1,882,000 and a total net worth of 4,269,000 (Source: Experian Group 14/01/2020).
(2) The lease provides for annual Consumer Price Index (CPI) linked rent reviews with the first on the first Monday in April 2021.
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.
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