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1-3 Wakefield Rd - Adwalton House

9,860 SF Health Care Building Offered at £2,750,000 at a 5.90% Net Initial Yield in Drighlington BD11 1DH

Healthcare Properties West Yorkshire Drighlington 1-3 Wakefield Rd, Drighlington, WYK BD11 1DH

Investment Highlights

  • New 25 Year FRI Lease to GP Practice
  • WAULT – 23 years 7 months
  • Over 90% of the rent being NHS reimbursed
  • Total Rental Income - £172,840 per annum on FRI Terms
  • 3 yearly upwards only rent reviews

Executive Summary

Freehold for sale. Offers in the region of £2,750,000. A purchase at this level will show a yield of 6% net with purchasers’ costs at 6.8%.
Medical Centre and Pharmacy Sale and Leaseback.
- New 25 Year FRI Lease to GP Practice
- Existing Pharmacy Lease - Rent £13,080 pa
-Total Rental Income - £172,840 per annum on FRI Terms.

Attachments

Adwalton House Drighlington

Property Facts

Price £2,750,000 Lot Size 0.52 AC
Price Per Bed £137,500 Building Size 9,860 SF
Sale Type Investment No. Beds 20
Net Initial Yield 5.90% Number of Floors 2
Sale Conditions Sale & Leaseback Year Built 2004
Tenure Freehold Parking Ratio 2.13/1,000 SF
Property Type Health Care
Price £2,750,000
Price Per Bed £137,500
Sale Type Investment
Net Initial Yield 5.90%
Sale Conditions Sale & Leaseback
Tenure Freehold
Property Type Health Care
Lot Size 0.52 AC
Building Size 9,860 SF
No. Beds 20
Number of Floors 2
Year Built 2004
Parking Ratio 2.13/1,000 SF

Amenities

  • Wheelchair Accessible
  • EPC - B
  • Smoke Detector
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+44 113 386 3104

Contacts

  • Listing ID: 33233118

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 1-3 Wakefield Rd, Drighlington BD11 1DH

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1-3 Wakefield Rd - Adwalton House
+44 113 386 3104 x

1-3 Wakefield Rd - Adwalton House

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Hedley Steel

+44 113 386 3104

+44 113 386 3104

David Ogilvie

+44 113 386 3100

+44 113 386 3100

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