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40-42 St. Osyth Road, Clacton-On-Sea, Essex, CO15

Fixed Price
£750,000

£240.23 per sq. ft.

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE
3,122 sq. ft.
(290 sq. m.)
SECTOR
Healthcare facility for sale
USE CLASS
Use class orders: D1 Non-Residential Institutions and Class E
D1, E

Key features

  • Entire property let until 2034 (No breaks)
  • Property benefit from 4 car parking spaces at rear

Property description

Tenure: Freehold

Investment Consideration:
Gross Initial Yield: 5.00%
Rental Income: £37,500 p.a.
VAT is NOT applicable to this property
Comprises dental practice arranged over ground and first floor.
Entire property let until 2034 (No breaks)
Property benefit from 4 car parking spaces at rear
Clacton Dental Care provides NHS services and also have some of the most sophisticated dental equipment and cosmetic dentistry treatments offering, including world famous Invisalign, 3D Itero scanning and teeth whitening.
Located within short walk to Clacton-On-Sea Train Station
Occupiers nearby include Aldi, Beauty Salon and Takeaway Shop, amongst other local traders

Property Description:
The property comprises two storey detached building currently operating as a dental practice. The property benefits from 4 car parking spaces at rear.
The property provides the following accommodation and dimensions:
Ground Floor: 153 sq m (1,648 sq ft)
Reception, Surgery Rooms, Office
First Floor: 137 sq m (1,474 sq ft)
Surgery Rooms, Storage, Staff WC
Total area size: 290 sq m (3,122 sq ft)

Tenancy:
The property is at present let to Clacton Dental Care Ltd* for a term of 15 years from 12th December 2019 at a current rent of £37,500 per annum and the lease contains full repairing and insuring covenants. Open market rent review in 2024 and 2029. No breaks.
*Note - Clacton Dental Care is a large dental practice operator with more than 30 locations across UK.

Location:
Clacton-on-Sea is the largest town in the Tendring peninsula and district in Essex, eastern England. The town is served by Clacton-on-Sea railway station (90 minutes to London Liverpool Street station). The town also benefits from its own airport. Clacton has a pleasure pier, arcades, a golf course, caravan parks and an airfield. The town and its beaches are still popular with tourists in the summer and there is an annual entertainment programme including the Clacton Carnival and Clacton Air show. Clacton has a shopping area with many of the usual national chains represented, and a Factory Shopping Village in the north of the town. The property is located within short walk to Clacton-On-Sea Train Station. Occupiers nearby include Aldi Supermarket, Beauty Salon and Takeaway Shop, amongst other local traders.

Brochures

40-42 St. Osyth Road, Clacton-On-Sea, Essex, CO15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clacton Station0.4 miles
  • Thorpe-le-Soken Station3.8 miles
  • Weeley Station4.3 miles

About Blue Alpine, London

83c Ashley Gardens, Thirleby Road, London, SW1P 1HG

Blue Alpine is a leading advisory company that helps clients around the world turn property into a path for growth. We plan and deliver solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. Together, we unlock potential. At Blue Alpine, we believe a comprehensive understanding of a client’s financial goals are key to helping them fulfil their investment expectations. By employing a transparent and consultative approach we can asse

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Disclaimer - Property reference CO153BW. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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