Christmas Maltings Surgery, Suffolk – For Sale

Offers Over: £2.2 million

Bids Close: 22th November 2024 – 12pm

Lease available upon request.

Summary

The sale of this Christmas Maltings Surgery offers a fantastic investment opportunity.

Investment Summary

GP Practice
• Initial rent: £131,000  per annum
• Patient list size: 18,250
• FTE GPs: 5
• Lease: Tenants internal repair lease (TIR)
– Term: 15 years (start date 11/10/23)
– Rent reviews: every 3 years

Pharmacy
• Initial rent: £25,800  per annum
• Lease: Tenants internal repair lease (TIR)
– Term: 14 years from September 2024
– CPI Rent Reviews
– Rent reviews: every 3 years

Key Property Features

• Floor area: 944 sqm
• Car parking spaces: 27
• The building was built in 1990

Description

Christmas Maltings Surgery is located close to the centre of Haverhill in Suffolk. The town of Haverhill is home to 27,000 people (Census 2021) with a further 10,000 people living in the surrounding villages. There is also growth on the horizon, with the 2024 West Suffolk Masterplan underway. Two major housing construction sites are already underway, to the north of Haverhill, which will add a further 3,500 homes to the area.

Christmas Maltings Surgery presents an excellent investment opportunity as a two-story, purpose-built GP surgery constructed of brick and tile in 1990. This large medical centre, which includes a pharmacy, offers a total floor area of 944 square meters and features a spacious tarmac car park at the rear of the property.

This is an excellent primary care investment opportunity in Suffolk. The ground floor is 621.23 square metres and consists of eleven consulting rooms, three treatment rooms, three examination rooms, a minor operation room, two waiting areas, two offices, a staff room, WC facilities, a dispensary and a pharmacy.

You can access the first floor via two staircases, which are situated at each end of the property. The first floor is 322.87 sqm and consists of seven offices, three staff rooms, a meeting room, a kitchen, large storage areas and WC facilities.

The practice is currently undertaking internal refurbishment to bring the property up to current bio-hygiene standards.

Floorplan

Click the floorplan to enlarge.

Contact

Rebecca Reynard
Director of Agency and Sales

0114 281 5850
[email protected]

Please note GP Surveyors Anti-Money Laundering Policy for Clients and Purchasers.

GP Surveyors gives notice to anyone who may read these particulars as follows:
1. These particulars are prepared for the guidance only of prospective purchasers. They are intended to give a fair overall description of the property but are not indeed to constitute part of an offer or contract.
2. Any information contained herein (whether in text or photographs) is given in good faith but should not be relied upon as being a statement of representation of fact.
3. Nothing in these particulars shall be deemed to be a statement that the property is in good condition or otherwise nor that any services or facilities are in good working order.
4. The photographs appearing in this brochure show only parts and aspects of the property at the time when the photographs were taken. Certain aspects may have changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the photographs. Furthermore, no assumptions should be made in respect of parts of the property which are not shown in the photographs.
5. Any areas, measurements or distances referred to herein are approximate only.
6. Where there is a reference in these particulars to the fact that the
alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning regulations or other consents have been obtained and these matters must be verified by any intending purchaser.
7. Descriptions of a property are inevitably subjective and the descriptions contained herein are used in good faith as an option and not by way of statement or fact.
8. All areas quoted are expressed as Net Internal Area (NIA) in accordance with the RICS Code of Measuring Practice 6th Edition and Guidance Note 60.
9. All prices and rents are exclusive of VAT but may be liable at the prevailing rate.