Detached single-story purpose-built former doctors surgery Let to Shropshire Community Health NHS Trust on 10 year lease from 1st July 2020
Summary
- Detached single-story purpose-built former doctors surgery.
- Well-appointed accommodation occupying a generous plot size.
- Total site area of approximately 0.4 acres (0.162 hectares).
- Let to Shropshire Community Health NHS Trust on a 10 year lease from 1st July 2020 at a rent of £15,000 per annum exclusive.
- Strong asset management opportunity for investors.
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m |
| Building - Ground Floor | 1,153 | 107.12 |
| Total | 1,153 | 107.12 |
Location
The property occupies a prominent and convenient location fronting Dale Acre Way in Hollinswood, a district centre within the Telford conurbation. The Clinic is located close to the Hollinswood Primary School in a mixed commercial and residential area and being within a short travelling distance to the Telford International Centre and having convenient access to the main road network.
Telford is a major town within Shropshire and is one of the most rapidly expanding towns within the United Kingdom supporting a current population of approximately 170,000 people. The Town has access to a workforce of a further 300,000 people within a 30 mile radius and its population has been forecast to increase by a further 15% by 2031 with a number of planned inward investment initiatives.
Located within the heart of England, Telford boasts major road and rail networks with the County Town of Shrewsbury only 15 miles to the west (via A5) and stands on the M54 motorway (Junction 7) which provides a gateway to the M6, M5, M42 and M40 motorways.
Telford also benefits from an excellent train service with access to Wolverhampton in 24 minutes, Birmingham New Street in 49 minutes and London Euston in 2 hours and 18 minutes.
Get directions from Google Maps
Mainline Stations
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Telford Central12 mins
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Oakengates30 mins
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Shifnal52 mins
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Wellington (Shropshire)77 mins
Underground Station
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Chesham1973 mins
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Amersham2003 mins
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Reading2016 mins
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Chalfont and Latimer2037 mins
Further Information
Rates Payable £5,364.25 per annum
EPC Rating This property has been graded as D (80)
Description
The property comprises a detached single-story purpose-built former doctors surgery that has been converted and adapted for its current use as a clinical centre occupied by the NHS Trust.
The property is of brick construction beneath a tiled pitched roof and has been partitioned internally to provide a central reception/ seating area with separate individual clinical rooms and staff facilities, providing a total net internal area of 1,153 sqft (107.48 sqm).
The property is well appointed and is situated on a generous plot fronting Dale Acre Way with excellent car parking facilities. The property offers an attractive well-let and secure investment opportunity within this sort after area.
Tenure
The freehold property is offered for sale subject to the existing occupational lease granted to Shropshire Community Health NHS Trust.
Lease Information
The property is currently let to Shropshire Community Health NHS Trust for a term of 10 years from 1st July 2020 on a tenant’s full repairing & insuring basis (subject to a schedule of condition) at a rent of £15,000 per annum, payable quarterly in advance. The Lease is subject to upward only rent review at the end of the fifth anniversary of the term and includes a tenant break option at the end of fifth anniversary of the term, subject to serving not less than 3 months prior notice.
Tenant Covenant Information
The Shropshire Community Health NHS Trust was founded in 2011 and provides a range of community-based health services for adults and children in the Shropshire, Telford and Wrekin district areas.
Please visit https://www.shropscommunityhealth.nhs.uk/ for further details.
Services
Mains water, electricity gas and drainage services are connected/available to the site. Interested parties are advised to make their own enquiries with the relevant utility companies.
VAT
All costs/prices are exclusive of, but subject to, VAT if applicable. We are advised that the Vendor has not elected to charge VAT on the property at the present time.
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