Other

Heather View, Beacon Road, Crowborough 

 

Price: £8,100,000 - Initial Yield:6.91%

Date: Q1 2012

Acting on behalf of Metnor we advised on the sale of this care home investment to British Aerospace Pensions for £8.1m, reflecting a net initial yield of 6.91%.

The property comprises a newly developed (2011 build), highly specified 74-bed care home. Services include residential nursing care and specialist dementia care, in addition to long term elderly care.  Let Care UK community Partnership for a further 29.5 years with RPI increases, at a current rent passing of £592,489 p.a. 

Contact

John Ellison

Tel: 020 7493 3330
Mob: 07889 437 236
jellison@lewisellis.co.uk

James Caddick

Tel: 020 7493 3330
Mob: 07771 882 860
jcaddick@lewisellis.co.uk


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