DescriptionThe 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.
LocationThe 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 DetailsThe 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 CareFounded 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 DetailsThe property is surrounded by secure garden grounds offering private outdoor space for residents.
Car parking is available to the front of the property.
Investment SummaryThis 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.
TenureThe 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.
TenancyTenant
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
