It is a modern two-storey Elderly home set in a 2.5-acre site with landscaped gardens and parking
The 114-bed care home consists of all single en suite bedrooms. It will provide a range of care services to local authority and privately funded individuals.
Open and operational
Price: £65,000 per unit
8% NET rental provided through 25-year sublease
4 Exit options available up to 125%
• 115% in Year 10
• 120% in Year 15
• 125% in Year 20
• 125% in Year 25
125-year-long leasehold purchase
Title registered with UK Land Registry
Rent paid annually
Affluent area lending itself to a high proportion of private fee-paying individuals
By purchasing a unit you benefit from an annual rental income being paid from year 1 onwards. The first year’s rental income is paid within 28 days of exchange. Years 2-25 are paid annually in arrears.