Freehold Assisted Living Investment
Freehold Assisted Living Investment
The property is situated in a predominantly residential suburb approximately 7 miles north-east of King's Lynn Town Centre. Nearby occupiers include Co-op Food, Spar and Boots.
Freehold.
The property is situated in a predominantly residential suburb approximately 7 miles north-east of King's Lynn Town Centre. Nearby occupiers include Co-op Food, Spar and Boots.
Freehold.
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 a double garage and off-street parking at the front.
VAT is not applicable to this lot.
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.
Six Week Completion
Avalable from the legal pack at acuitus.co.uk
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 a double garage and off-street parking at the front.
VAT is not applicable to this lot.
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.
Six Week Completion
Avalable from the legal pack at acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground and First |
6 Bedroom House |
177 sq m |
(1,905 sq ft) |
DEDICATED HOUSING LIMITED (1) |
25 years from 06/01/2020 on a full repairing and insuring lease |
£71,760 | Annually Linked to CPI (2) (05/01/2045) |
| Total |
177 sq m |
(1,905 sq ft) |
£71,760 | ||||
(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.
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