Knowsley Village Medical Centre Frederick Lunt Avenue, Knowsley Village Liverpool L34 0HF

Knowsley Village Medical Centre
Frederick Lunt Avenue, Knowsley Village
Liverpool
L34 0HF

Long Let Freehold Purpose-Built Doctor's Surgery Investment

Entirely let to Aston Healthcare Limited - a part of Primary Care Knowsley
Newly re-geared lease with 15 years unexpired, with no breaks
Majority of Rental and Occupational Costs Reimbursed by the NHS
Village Centre location with new housing developments increasing the Practice catchment population
VAT-Free Medical Investment

Lot
10
Auction
11th February 2021
Rent
£70,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Long Let Freehold Purpose-Built Doctor's Surgery Investment

Entirely let to Aston Healthcare Limited - a part of Primary Care Knowsley
Newly re-geared lease with 15 years unexpired, with no breaks
Majority of Rental and Occupational Costs Reimbursed by the NHS
Village Centre location with new housing developments increasing the Practice catchment population
VAT-Free Medical Investment

Lot 10
Auction 11th February 2021
Rent £70,000 per Annum Exclusive
Status Sold Prior
Price
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 8 miles north-east of Liverpool
Roads: A580, M57, M58, M62
Rail
Air: Liverpool Airport

Situation

Knowsley is an attractive and popular commuter village located 8 miles north-east of Liverpool City Centre which benefits from excellent road connections being less than two miles from Junction 4 of the M57 motorway. The property is situated on the east side of Frederick Lunt Avenue, fronting the attractive Syders Grove Park & Garden, in a predominantly residential village centre location. Nearby occupiers include Care Pharmacy, Knowsley Post Office, Texaco and GoLocal.

Tenure

Freehold.

Location

Miles: 8 miles north-east of Liverpool
Roads: A580, M57, M58, M62
Rail
Air: Liverpool Airport

Situation

Tenure

Freehold.

Description

The property comprises a purpose built single storey doctor's surgery comprising a reception/waiting area, consulting rooms and ancillary offices. The property benefits from parking for about 12 cars.

VAT

VAT is not applicable to this lot.

EPC

C. See legal pack at www.acuitus.co.uk.

Description

VAT

VAT is not applicable to this lot.

EPC

C. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground	Consulting Rooms/Office Reception/Waiting Area	174.40 sq m 103.00 sq m	(1,877 sq ft) (1,109 sq ft)	ASTON HEALTHCARE LIMITED (2) t/a Knowsley Medical Centre	25 years from 01/12/2010 until 30/11/2035 on a full repairing and insuring lease (3)(4)	£70,000	30/11/2025 30/11/2030 30/11/2035
Total		277.40 sq m (1)	(2,986 sq ft) (1)			£70,000

(1) Approximate net internal floor areas. Gross Internal Area is approximately 332.80 sq m (3,582 sq ft).
(2) Aston Healthcare Limited manages some 27,000 patients across 6 medical centres in Liverpool and the surrounding areas. Aston Healthcare Limited is part of Primary Care Knowsley, which has five practices operating from 11 locations across Merseyside under common ownership, including Knowsley Village Medical Centre (www.astonhealth.nhs.uk/).
(3) By way of a Deed of Variation dated 22nd December 2020, the rolling break clause was removed.
(4) By way of a Reversionary Lease dated 22 December 2020, the term of the lease was effectively extended by 5 years to provide almost 15 years term certain, thereby expiring on 30th November 2035.

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.