126 Hermitage Woods Cresent Woking Surrey GU21 8UH

126 Hermitage Woods Cresent
Woking
Surrey
GU21 8UH

Freehold Assisted Living Investment

Let to Dedicated Housing Limited until 2045 (no breaks)
Annual rental increases in line with Consumer Price Index
Held in a Single Purpose Vehicle (SPV) available under separate negotiation
Nearby occupiers include Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy

Lot
26
Auction
21st May 2020
Rent
£81,120 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Assisted Living Investment

Let to Dedicated Housing Limited until 2045 (no breaks)
Annual rental increases in line with Consumer Price Index
Held in a Single Purpose Vehicle (SPV) available under separate negotiation
Nearby occupiers include Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy

Lot 26
Auction 21st May 2020
Rent £81,120 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 6 miles north of Guildford,; 23 miles south-west of Central London
Roads: A3, M25 (Junction 10/11)
Rail: Woking Railway Station (25 min to London Waterloo)
Air: London Heathrow Airport, London Gatwick Airport

Situation

The property is situated in a predominantly residential suburb approximately 2 miles south-west of Dorking Town Centre. Nearby occupiers include Co-op Food, Sainsbury's, Costcutter and Rowlands Pharmacy.

Tenure

Freehold.

Location

Miles: 6 miles north of Guildford,; 23 miles south-west of Central London
Roads: A3, M25 (Junction 10/11)
Rail: Woking Railway Station (25 min to London Waterloo)
Air: London Heathrow Airport, London Gatwick Airport

Situation

Tenure

Freehold.

Description

The property is a substantial specialist supported living home arranged over ground and first floors, comprising 6 bedrooms. The property benefits from a garden at the rear and off street parking and a garage at the front.

VAT

VAT is not applicable to this lot.

Viewings

Please be mindful that the property is occupied by vulnerable persons. We ask that interested parties do not attempt to view the property without an appointment arranged by the auctioneers.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

VAT

VAT is not applicable to this lot.

Viewings

Please be mindful that the property is occupied by vulnerable persons. We ask that interested parties do not attempt to view the property without an appointment arranged by the auctioneers.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews/ (Reversion)
Ground and First	6 Bedroom House	132 sq m	(1,420 sq ft)	DEDICATED HOUSING LIMITED (1)	25 years from 06/01/2020 on a full repairing and insuring lease	£81,120	Annually Linked to CPI (2) (05/01/2045)
Total		132 sq m	(1,420 sq ft)			£81,120

(1) Dedicated Housing Limited (CRN 09053192) was incorporated on the 22nd May 2014 and is rated as "Very low risk" on SmartSearch, (Source: SmartSearch 24/04/2020). Dedicated Housing Limited, operating as Dedicated Housing, is a charity registered with the Charity Commission of England and Wales under number 1160249
(2) The lease provides for annual Consumer Price Index (CPI) linked rent reviews.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.