10,904 Sq Ft (1,012.98 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 some painted side elevations.
The property sits on a 0.374 acre site.
The Veterinary Surgery, Alexandra Road, Lowestoft, NR32 1PL
Property Features
Prime sale and leaseback veterinary surgery 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