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Lloyd House
Acquired

Lloyd House

7 Lloyd Street, Altrincham, WA14 2DD

  • The property is let to three NHS doctors (guarantee by the NHS) by way of an over-riding internal repairing and insuring lease from March 2021 for a period of 10 years with an upwards only rent review at year 5.
  • The passing rent is £90,000 pa is reversionary to £105,000 pa.
  • The surgery underlet part ground floor to the chemist.
  • The building has a total NIA of 6,200 sq ft, arranged over basement, ground and first floor and provides 10 car parking spaces.
  • There is also a SoC which further limits repair liability.
  • Acquired for £1.2m
  • 7.08% NIY
  • 7.87% RY

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Profile photograph of Simon Marshall

Simon Marshall

Partner

+44 (0)7909 718 235

sm@christopherdee.co.uk
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