Group of Dental Investments, UK Wide

Guide price

£2,000,000

Under offer

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Dental care

No floor / site plan

Key features

  • 9 freehold properties in S.Wales & S.Yorks
  • Let to leading corporate dental operator
  • Total current passing rent of £149,950 pa
  • 8 years unexpired
  • Net initial yield of 7.02%
  • Energy Ratings C to D
  • Christie & Co Ref: 4223114

Description

Description

Offers of £2,000,000 are invited for nine freehold properties located across the UK, let to a leading corporate operator of dental practices.

Location

The properties are situated in prominent locations across South Wales and South Yorkshire. They trade as dental clinics and are fitted and maintained to a high standard to meet the needs of patients and staff.

The Opportunity

All nine properties let to an experienced and well established corporate dental operator. Price underpinned by underlying residential values. FRI leases granted for 15 years from June 2019, with 8 years unexpired. Asking price reflects a net initial yield of 7.04% after purchaser costs of 6.8%. Properties held in single limited company, providing potential reduction in costs if sold in conjunction.

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

About Christie & Co, Dental

Christie & Co, Dental

Christie & Co is the only RICS-accredited firm both selling and valuing dental practices in the UK. Our unique, market leading position ensures our clients receive precise and tailored advice. Since 2013, our expert team has grown to include over 30 dedicated Agents, Accredited RICS Registered Valuers and Consultants.

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Disclaimer - Property reference 4223114-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, Dental. 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.