Project Otter
We are in the process of bringing to market an excellent opportunity to acquire the freehold investment interest in an established integrated retirement community in the South West.
Key highlights include:
- Affluent and desirable location with the overall site extending over 12 acres
- Care home let to national care provider
- Current rent of c£448k with annual upwards only index linked reviews
- FRI lease with an unexpired term of c18 years
- EPC rating of “B”
- Mature village community of 32 bungalows & clubhouse
- All bungalows sold off on a long leasehold basis
- Additional revenue streams of event fees, service charge income and ground rents
- Further asset management potential
A full information memorandum is available following receipt of a signed NDA.
TO DISCUSS THIS OPPORTUNITY, PLEASE GET IN TOUCH:
Michael Hodges
Managing Director - Capital Markets
Michael.Hodges@christie.com
+44 7764 241 300
Bethany Newman
Senior Surveyor
Bethany.Newman@christie.com
+44 7471 516 498
More on Capital Markets
Find out more about Capital Markets, our team and the services we provide