Carers Way, Newton Aycliffe, Co Durham, DL5 4SE, GB
25,824 sq ft
Price per unit
£193.62 per sq ft
The available opportunity comprises a care home investment generating an niy of 7.57% on the guide price.
There are fixed rental increases in place for each year up until the end of the lease, with a final yield reflecting at 11.03% on the guide price in october 2036..
The property is held long leasehold for a period of 120 years from 22 november 2002 at a peppercorn rent.
Net income yield
More building details
Less building details
Property facts for Rose Lodge Care Home, Newton Aycliffe
The property comprises a building of steel and masony construction arranged over two floors, offering health care accommodation within. Developed in 2003 the property offers a high quality purpose built care/nursing home facility”
-- 54 en–suite bedrooms -- Numerous lounge and dining areas -- On site café and bar -- Dementia–friendly coffee shop opened in 2016.
-- Garden and patio areas -- External parking
The property is held Long Leasehold for a period of 120 years from 22 November 2002 at a peppercorn rent.
Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Avison Young. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Avison Young for full details and further information.