Albert Rd 7,758 SF Health Care Building Offered at £2,900,000 at a 5.47% Net Initial Yield in Wolverhampton WV6 0AG

INVESTMENT HIGHLIGHTS

  • Additional Staff Accommodation On-Site
  • 8 Parking Spaces
  • Attractive Detached Victorian Buildings

EXECUTIVE SUMMARY

An Agreement for Lease is in place to Inclusion Housing Community Interest Company for a 20-year term from the lease commencement date with no break.

PROPERTY FACTS

Price £2,900,000
Price Per Bed £207,143
Sale Type Investment
Net Initial Yield 5.47%
Tenure Freehold
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.32 AC
Building Size 7,758 SF
No. Beds 14
Number of Floors 3
Year Built/Renovated 1878/2023
  • Listing ID: 29129039

  • Date on Market: 28/07/2023

  • Last Updated:

  • Address: Albert Rd, Wolverhampton WV6 0AG