Freehold Medical Investment
Freehold Medical Investment
The property is prominently situated on the corner of Springwell Road and Galloping Green Road within a densely populated residential suburb served by local facilities. A Lloyds Pharmacy is situated close by.
Freehold.
The property is prominently situated on the corner of Springwell Road and Galloping Green Road within a densely populated residential suburb served by local facilities. A Lloyds Pharmacy is situated close by.
Freehold.
The property comprises a two storey MEDICAL CENTRE incorporating a single storey modern extension to the side and rear. The property benefits from car parking provision to the front and rear and has an approximate site area of 0.06 hectares (0.15 acres).
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 two storey MEDICAL CENTRE incorporating a single storey modern extension to the side and rear. The property benefits from car parking provision to the front and rear and has an approximate site area of 0.06 hectares (0.15 acres).
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floors | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review |
|---|---|---|---|---|---|---|
| Ground | Doctors' Surgery |
218 sq m (2,345 sq ft) |
GATESHEAD PRIMARY CARE TRUST (1) |
30 years from 30/05/1985 on a full repairing and insuring lease | £21,860 | 30/05/2009 and 3 yearly (Notice served proposing a new rent of £29,500 p.a.x.) |
| Totals | 218 sq m (2,345 sq ft) | £21,860 |
(1) On assignment from Dr D Rooney, Dr V C Kaura, Dr Bird and Dr E Moylett.
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