66-70 Springfield Rd - Health Care FOR SALE


Belfast, CAT BT12 7AH
$495,000 USD
289-027-0016
66-70 Springfield Rd, Belfast, CAT for Sale
$495,000 USD
Health Care - FOR SALE
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null | Request Cap Rate

66-70 Springfield Rd
Belfast, CAT BT12 7AH


HIGHLIGHTS

  • Secure Medical Investment Opportunity
  • c. 3,103 sq ft (288 sq m)
  • Tenant Unaffected

OVERVIEW

The surgery building comprises 3 mid terrace red brick properties with rear extensions. The building has been converted into a modern surgery and all the properties are interconnected. The ground floor comprises a reception area with several consultancy rooms and ancillary areas. The first floor also provides consultancy rooms and offices with further administration offices and staff facilities located on the second floor. The building is fitted to a high standard throughout to include double glazing and new electric heating. There is an enclosed yard to the rear. Ground Floor – 1,274 sq ft (118 sq m) First Floor – 928 sq ft (86 sq m) Second Floor – 901 sq ft (84 sq m) Total Net Internal Area – 3,103 sq ft (288 sq m) Sale & Lease Details The property is being offered for sale by way of sale and leaseback and we are seeking offers in the region of £495,000 exclusive. The vendor (proposed tenant) will enter into a new 20 year internal repairing and insuring lease. The lease will be subject to 3 yearly rent reviews and the current notional rent is £41,700 per annum. A sale of the investment at the guide price would reflect a net initial yield of 8.05% after purchaser costs.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mark CarronOsborne KingMore Info
289-027-0016

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Mark CarronOsborne KingMore Info
289-027-0016

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.