Property Type
Tenure
Freehold
Size
564.00 sq ft
Energy Rating
Grade C
Property description
Accommodation
| Area | Sq Ft | Sq M |
|---|---|---|
| Dental Surgery | 564 | 52.40 |
Price
The property is let to Confident Dental Practices Limited for a term of 40 years from 11th February 2011 at a current rent of £35,206.06 per annum exclusive on full repairing and insuring terms. The lease has no breaks and benefits from 4-yearly upward only uncapped CPI indexed-linked rent reviews. The current rent was the result of a January 2023 rent review. We are instructed to seek offers in the region of £550,000 (Five Hundred and Fifty Thousand Pounds). This represents a net initial yield of 6.1% after allowing for usual purchaser’s costs.
Interested in this property?
Your next step is choosing an option below. Our property professionals are happy to help you book a viewing, make an offer or answer questions about the local area.
Need help to sell or let your commercial space?
Contact our team of specialists today for a full assessment and expert advice.
