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Hollybank Care Home, Wallacestone Brae, Reddingmuirhead, Falkirk, FK2 0DG

Offers Invited
Christie & Co, Care
SIZE

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SECTOR

Healthcare facility for sale

Key features

  • Let to Swanton Care & Community
  • Passing Rent £95,000
  • In excess of 19 years unexpired income
  • Annual Uplifts to RPI Cap & Collar 4% & 2%
  • Complex Care Unit for 6 Residents
  • EPC Rating F (B English equivalent)
  • Christie & Co Ref: 6870600

Description

Description

The property was formerly a purpose built care home providing specialist care for for up to 13 clients with Learning disabilities.

In 2024 the property was acquired vacant possession by our client who has worked alongside the current tenant to reconfigure and modernise the asset to be fully compliant to new design guidelines set out by the Care Inspectorate for providing complex care.

The unit which will be completed in May 2025 offering six bedrooms with wet room facilities and will provide complex care services.

Location

The property is located in Reddingmuirhead, a village located in Falkirk Council area, Central Scotland.

Falkirk is a town in the Central Lowlands of Scotland, historically within the county of Stirlingshire. It lies in the Forth Valley, around 23 miles northwest of Edinburgh and around 20 northeast of Glasgow.

Falkirk has a population in the region of 35,000 making it the 20th most populous settlement in Scotland. Falkirk is the main town and administrative centre of the Falkirk Council area, which has an overall population of 156,800 and inholds the nearby towns of Grangemouth, Bo'ness, Denny, Camelon, Larbert and Stenhousemuir, and the cluster of Braes villages.

Internal Details

The property comprises six bedrooms with wet room facilities. There are three lounges, additional quiet lounge, a sensory room, large bathroom, kitchen, laundry and sluice, three offices and a staff room.

Swanton Care

Founded in 2003 Swanton Care are a national provider of care and support with a diverse range of services. The people they support have complex needs, they may have autism, learning disabilities, mental health issues or need rehab in a specialist nursing service.

They believe that with the right support everyone can achieve greater independence and fulfilling lives, as each person they support is at the heart of all services they provide.

They have over 70 services UK wide.

External Details

The property is surrounded by secure garden grounds offering private outdoor space for residents.

Car parking is available to the front of the property.

Investment Summary

This is an excellent opportunity to acquire a specialist complex care investment opportunity in a purpose built environment.

The tenant is a national provider of specialist care and holds an excellent reputation UK wide with the local authorities they provide services to.

The type of care provided is needs driven and underpinned by government funding. There is growing demand for this type of care across the UK and Swanton continue to expand their services across Scotland and the UK.

Tenure

The Freehold interest of the property is available for sale subject to a lease to Swanton Care & Community (Southfield House Care Services) Limited Company Number SC232927.

Tenancy

Tenant
Swanton Care & Community (Southfield House Care Services) Limited Company Number SC232927.

Guarantor
Swanton Care & Community Limited Company Number 05789785.

Term
20 years from commencement on 29th July 2024
Expires - 30th July 2044.
Break option at 15 years

Passing Rent
£95,000

Rent Review - Annual
First review 29th July 2025 - subject to a cap of 4% and collar of 2%

Tenant Responsibilities
Fully Repairing and Insuring

Energy Performance Certificates

EPC 1

Brochures

Hollybank Care Home, Wallacestone Brae, Reddingmuirhead, Falkirk, FK2 0DG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Polmont Station0.9 miles
  • Falkirk High Station2.4 miles
  • Falkirk Grahamston Station2.6 miles

About Christie & Co, Care

6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 6870600-fh. 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 Christie & Co, Care. 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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