Basic Facts
Property ID:
13213
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Post Updated:
2021-05-20 15:07:24
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Status:
Acquired
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Type:
Medical
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Tenure:
Freehold
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Gross Rent:
£ 48,250
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Lease Term:
10 yrs from Sept '19
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Lease Term Expiry Date:
24/09/29
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Years left on Lease:
5.4
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VAT applicable:
Yes
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Property Description
- Freehold Blue-Chip Medical Investment.
Location Description
- Beccles is a market town of Suffolk.
- The town is shown on a milestone as 109 miles (175 km) from London via A154 and A12 roads.
Tenancy & Additional Information
- Let to Boots on a 10 year FRI from 25th September 2029 at a current rent of £48,250.
- The tenant is fully up to date on the rent and paying monthly in advance.
- Potential to explore the residential development potential on the upper parts.
Features
£500k - £1m
Blue-chip tenant
Finance available