Offers Over: £2.6 million
Bids Close: 1st November 2024 – 12pm
Lease available upon request.
The sale of this Cheshire health centre offers a fantastic investment opportunity.
Investment Summary
GP Practice
• Initial rent: £133,200 per annum
• Patient list size: 13,135
• FTE GPs: 6.875
• Lease: Tenants internal repair lease (TIR)
– Term: 15 years from completion date
– Rent reviews: every 3 years
Pharmacy
• Initial rent: £46,904 per annum
• Lease: Tenants internal repair lease (TIR)
– Term: 15 years from June 2017
– RPI Rent Reviews
Car Parking
• Spaces: 28
• Income: £16,086 pa (2023)
• This additional car parking that is not reimbursed by NHS and is charged at £1 a space
(charges not applicable for disabled car parking)
• Contract term: 15 years, to run parallel with lease. Income to be payable to landlord.
Key Property Features
• GP Practice floor area: 832 sqm
• Pharmacy floor area: 27 sqm
• Car parking spaces: 34 (receive NHS reimbursement) 28 additional spaces (private contract)
• The building was initially built in 1977 and substantially extended and completely refurbished in 1992.
Boughton Health Centre is located close to Chester city centre, the surgery is a two-story building constructed of brick and tile. This large purpose-built medical centre has a total floor area of 859 square metres, including the Pharmacy. The building was initially built in 1977 and substantially extended and completely refurbished in 1992.
On entering the practice there is a conservatory and seating area to the right of the entrance, to the left is the Pharmacy entrance and straight ahead is the main practice entrance. Patients enter the practice via a lobby into the reception area and a bright spacious waiting area. All the patient facilities are based on the ground floor. This spacious modern practice includes 18 consultancy rooms, five offices, four toilets and ample storage space with six stores throughout the building.
You can access the first floor via an internal staircase which is situated in the centre of the property. The floor consists of a staff room, kitchen, and toilet.
Click the floorplan to enlarge.
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