Rendlesham Surgery, 6 Acer Road, Rendlesham, Woodbridge, Suffolk, IP12
Size
2,749
Tenure
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EPC
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Parking
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- Primary use
- Mixed use
- Other use(s)
- Traditional office
Key features
- Freehold investment for sale
- Established GP surgey investment producing £42,500 per annnum exclusive
- Approximately 9 years unexpired
- Guide Price £650,000 subject to the existing
Description
The accommodation is configured around a central reception and waiting area, with consulting and treatment rooms positioned predominantly around the perimeter of the building. A pharmacy is situated to one side of the property.
The specification includes suspended ceilings, LED lighting, integrated ceiling fans, oil-fired central heating and vinyl floor coverings.
Externally, the property benefits from an extensive dedicated car parking area together together with landscaped surroundings and servicing areas.
In addition, the sale includes an area of land outside of the demise of the tenant's lease.
ACCOMMODATION [Approximate Net Internal Floor Areas]
Reception/Waiting Area: 878 sq ft [ 81.58 sq m]
Consultation Rooms: 1,010 sq ft [ 93.83 sq m]
Staff Room / Kitchen: 228 sq ft [ 21.21 sq m]
Pharmacy & Cons. Room: 491 sq ft [ 45.47 sq m]
Unassessed Store Rooms-approx.: 142 sq ft [ 13.15 sq m]
Total Net Internal Floor Area: 2,749 sq ft [255.36 sq m]
TENANCY
Let to the Partners of Wickham Market Medical Centre at a current rent of £42,500 per annum exclusive. The lease expires on 7 October 2035, providing approximately 9 years unexpired, with a further upward-only open market rent review due in October 2030. The tenant is responsible for repairs, insurance and service charge liabilities, subject to the provisions of the lease and Schedule of Condition. A copy of the lease is available upon request.
Wickham Market Medical Centre is an established NHS GP Practise serving approximately 10,000 registered patients across Wickham Market, Rendlesham and the surrounding area. The practise operates from its main surgery in Wickham Market together the Rendlesham branch surgery and is rated "Good" by the Care Quality Commission.
SERVICES
We understand the property is connected to mains water, drainage and electricity. Heating is via an oil fired boiler. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all those serving the property including IT and telecommunications links.
PLANNING
The property benefits from planning permission for use as a Doctor's Surgery and Medical Centre (Use Class E(e)), together with ancillary pharmacy accommodation pursuant to planning permissions granted under references C.93/1479 and C11/1442.
BUSINESS RATES
According to the VOA Rating list the property has a Rateable Value of £12,750.
ENERGY PERFORMANCE CERTIFICATE
D (78) - ref: 2250-3579-5040-5201-0071
LOCAL AUTHORITY
East Suffolk District Council, East Suffolk House, Station Road, Melton, Woodbridge, Suffolk, IP12 1RT. Tel:
TERMS
Offers are invited in the region of £650,000 subject to the occupational lease reflecting a Net Initial Yield after purchaser's costs of 6.23%, assuming purchasers costs at 4.88%.
VAT
We understand that the property has been elected for VAT. It is anticipated that the sale will be treated as a Transfer of Going Concern (TOGC), although interested parties should make their own enquiries.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to verify the identity, private residence and source of funds (where applicable) of prospective purchasers and tenants prior to solicitors being instructed. An administration fee is payable, and further details are available upon request.
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Brochure
Rendlesham Surgery, 6 Acer Road, Rendlesham, Woodbridge, Suffolk, IP12
Fenn Wright are East Anglia's leading, independently owned partnership of commercial property agents, estate agents and Chartered Surveyors, with a reputation for providing the highest level of customer care.
Our commercial property agents offer an unrivalled range of professional skills and local market knowledge and we aim to provide industry-leading levels of service. We represent a wide spectrum of clients, including investors and developers, landlords and tenants, property companies, pension funds, business owners and private individuals. We can provide expert advice on every aspect of buying, selling and renting Commercial property, from valuations, landlord and tenant services, property management and insolvency, to name a few.
We have an unequalled presence throughout Essex and Suffolk with offices in the major hubs of Basildon, Chelmsford, Colchester Business Park and Ipswich - as well as branches in Colchester, Sudbury, Woodbridge, Witham, Stanway, Felixstowe, Kesgrave and Manningtree.
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