Property for saleWellington, Somerset, TA21
Full descriptionC3 residential care investment.
Lease to Bettercare Keys Ltd for 8 years from 31st March 2016.
Lease guaranteed by Keys Child Care Ltd.
Current rent of £42,000 pa subject to RPI indexed 3 yearly reviews (minimum uplift of 2.5% pa compounded).
Strong underlying vacant possession value as conventional residential dwelling.
Freehold. Offers in excess of £520,000 (reflects a net initial yield of 7.71%).
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