12,212 Sq Ft (1,134.49 Sq M)
£1,185,000 Freehold Investment
Healthcare Facilty
Description
The property is a 20th century detached two-storey building of brick construction beneath a pitched tiled roof with front single-storey extension.
The property sits on a 0.641 acre site.
Dovecote Veterinary Hospital, Delven Lane, Derby, DE74 2LJ
Property Features
Prime sale and leaseback veterinary hospital investment opportunity
The entire property is to be let to CVS (UK) Ltd
Experian Rating: 100 and CreditSafe Rating: 93. Risk classifications: Very Low Risk
New 15-year occupational lease with a commencing rent of £95,000 per annum
5 yearly compounded RPI rent reviews with a 1% collar and a 3% cap
Guide price of £1,185,000, reflecting an attractive NIY of 7.5%
Business unaffected by the sale