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23 The Crescent, TAUNTON TA1 4EB

Type
Healthcare, Investment, Residential
Tenure
Freehold
Price
£500,000
Yield
7.07%

Freehold investment opportunity comprising healthcare and ground rent income stream. The ground floor is let to OrthoWorld 2000 Limited on a new 10 year lease from 22 September 2021. There is a tenant only break option on 31 December 2027.. The rent is £35,000 per annum which reflects £11.28 per sq ft. The remaining parts of the property have been converted into 8 flats, all sold on a long leasehold basis. The total rent including the ground rent income from the flats is £37,000 per annum.

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