The Croft Surgery Wrekenton Gateshead Tyne & Wear NE9 7BJ

The Croft Surgery
Wrekenton
Gateshead
Tyne & Wear
NE9 7BJ

Freehold Medical Investment

  • Located in densely populated residential suburb
  • Let to Gateshead Primary Care Trust
  • May 2009 rent review notice served at 29,500 pax
  • On-site car parking to the front and rear
  • Lot
    12
  • Auction
    8th July 2010
  • Rent
    £21,860 per Annum
  • Status
    Sold Post
  • Price
     
  • Sector
    Medical/Healthcare
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP
Important Update
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* More information on the term "guide" can be found here

Freehold Medical Investment

  • Located in densely populated residential suburb
  • Let to Gateshead Primary Care Trust
  • May 2009 rent review notice served at 29,500 pax
  • On-site car parking to the front and rear
  • Lot 12
  • Auction 8th July 2010
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    Medical/Healthcare
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    Mayfair
    London W1K 2HP

Property Information

Location
Estimated Resident Population
191,000
Miles
7 miles south of Newcastle upon Tyne
5 miles south of Gateshead
Roads
B1296,A1, A194(M)
Rail
Heworth Rail Station, Newcastle Rail Station
Air
Newcastle International Airport
Situation

The property is prominently situated on the corner of Springwell Road and Galloping Green Road within a densely populated residential suburb served by local facilities. A Lloyds Pharmacy is situated close by.

Tenure

Freehold.

Location
Estimated Resident Population
191,000
Miles
7 miles south of Newcastle upon Tyne
5 miles south of Gateshead
Roads
B1296,A1, A194(M)
Rail
Heworth Rail Station, Newcastle Rail Station
Air
Newcastle International Airport
Situation

The property is prominently situated on the corner of Springwell Road and Galloping Green Road within a densely populated residential suburb served by local facilities. A Lloyds Pharmacy is situated close by.

Tenure

Freehold.

Description

The property comprises a two storey MEDICAL CENTRE incorporating a single storey modern extension to the side and rear. The property benefits from car parking provision to the front and rear and has an approximate site area of 0.06 hectares (0.15 acres).

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a two storey MEDICAL CENTRE incorporating a single storey modern extension to the side and rear. The property benefits from car parking provision to the front and rear and has an approximate site area of 0.06 hectares (0.15 acres).

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floors Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground Doctors' Surgery

218 sq m (2,345 sq ft)
GATESHEAD PRIMARY
CARE TRUST (1)
30 years from 30/05/1985 on a full repairing and insuring lease £21,860 30/05/2009 and 3 yearly (Notice served proposing a new rent of £29,500 p.a.x.)
Totals   218 sq m (2,345 sq ft)     £21,860  

(1) On assignment from Dr D Rooney, Dr V C Kaura, Dr Bird and Dr E Moylett.

Property Documents

  • Location Plan
    Updated Date
    17.06.10
    File Size
    66 KB
    View PDF
  • Site Plan
    Updated Date
    16.06.10
    File Size
    32 KB
    View PDF
  • Catalogue Page
    Updated Date
    16.06.10
    File Size
    1 MB
    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
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk
Seller's Solicitors
Real Estate Group, Beachcroft LLP 7 Park Square East
Leeds
LS1 2LW
+44 (0)113 251 4900
Richard Cave +44 (0)113 251 4827rcave@beachcroft.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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