Freehold Dental Surgery Investment
Freehold Dental Surgery Investment
The property is situated in the town centre close to the main retailing area. Nook Street comprises a mix of offices, bars, retail premises and residential properties.
Freehold.
The property is situated in the town centre close to the main retailing area. Nook Street comprises a mix of offices, bars, retail premises and residential properties.
Freehold.
The property comprises a four storey DENTAL SURGERY benefiting from category II lighting, strip lighting and wall mounted electric heaters. There is a small garden to the rear.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a four storey DENTAL SURGERY benefiting from category II lighting, strip lighting and wall mounted electric heaters. There is a small garden to the rear.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Lower Ground Ground First Second |
Dental Surgery/Ancillary | 20.5 sq m 98.2 sq m 88.2 sq m 80.4 sq m |
(221 sq ft) (1,057 sq ft) (949 sq ft) (865 sq ft) |
WHITECROSS DENTAL CARE LTD (2) (guaranteed by Integrated Dental Holdings Limited) (3) |
15 years from 31/03/2006 on a full repairing and insuring lease | £13,577 rising to £15,360 in 2016 | 31/03/2011 (1) and 31/03/2016 |
| Totals | 287.3 sq m |
(3,092 sq ft) |
£13,577 | ||||
(1)Please note the current rent is 12,000 p.a.x. rising to 13,577 p.a.x. on 31st March 2011. The seller will pay the buyer a sum equal to the difference between the current rent reserved and 13,577 p.a.x.from completion of the sale until 31st March 2011. (2)To the year ending 30th April 2009, Whitecross Dental Care Limited reported a turnover of 56,043,000, pre-tax profits of 6,716,000 and a net worth of 18,941,000. (Source: www.riskdisk.com 10/06/2010) (3)Integrated Dental Holdings is the largest provider of NHS dentistry in the UK, currently operating and delivering NHS services through 220 dental practices.
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