Modern Medical Centre Investment
Modern Medical Centre Investment
Bigham Road Medical Centre is situated in a predominantly residential suburb of Liverpool, some 2 miles east of the city centre. The area benefits from excellent communication routes via the A57 to the city centre and the M62 to the wider motorway network. The property is adjacent to the Fairfield’s Community
Centre and the newly developed Venture Housing Association project.
Long Leasehold. Long Leasehold. Held on a lease from Liverpool City Council for a term of 125 years from 29th March 1996 until 2121 at a peppercorn.
Bigham Road Medical Centre is situated in a predominantly residential suburb of Liverpool, some 2 miles east of the city centre. The area benefits from excellent communication routes via the A57 to the city centre and the M62 to the wider motorway network. The property is adjacent to the Fairfield’s Community
Centre and the newly developed Venture Housing Association project.
Long Leasehold. Long Leasehold. Held on a lease from Liverpool City Council for a term of 125 years from 29th March 1996 until 2121 at a peppercorn.
The property, a modern, detached medical centre, comprises consulting rooms and a waiting room on the ground floor and offices and ancillary accommodation on the first floor. The property benefits from a site area of 0.10 hectares (0.25 acres), with a site coverage of approximately 20% and a secure car park for
approximately 12 cars.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property, a modern, detached medical centre, comprises consulting rooms and a waiting room on the ground floor and offices and ancillary accommodation on the first floor. The property benefits from a site area of 0.10 hectares (0.25 acres), with a site coverage of approximately 20% and a secure car park for
approximately 12 cars.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Surgery Ancillary |
182.50 sq m 67.65 sq m |
(1,964 sq ft) (728 sq ft) |
DR S.N.RAMAMOORTHYAND DR M.T.N.ISSA (1) | 30 years from 21/06/1997 until 2027 |
£31,736 |
21/06/2012 and 3 yearly (2) |
| Totals | 250.15 sq m |
(2,692 sq ft) |
£31,736 | ||||
(1) The Bigham Road Medical Centre is part of the Liverpool Primary Care Trust. Liverpool PCT brings together services offered by General Practitioners (GP’s), Community Nurses, Practice Nurses, other community services and other agencies dealing with health matters across the city. The PCT has a budget of over £800 million, employing over 3,200 staff. (Source www.nhs.uk/services 14.09.2012)
(2)The Rent Review from June 2012 remains outstanding.
(3)We understand that The Tenants as Registered General Practitioners qualify under The National Health Service Act 1977 The National Health Service (General Medical Services - Premises Costs) (England) Directions 2004 provides for the Primary Care Trust to reimburse for leasehold premises rental costs. A copy of the Directive is available in the legal pack.
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