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The Chiswick Nursing Centre, Ravenscourt Gardens, Hammersmith, London W6

 

Price: £18,050,000 - Initial Yield:5.67%

Date: Q3 2012

Acting on behalf of M&G Real Estate we advised on the purchase of this care home from Cardinal Lysander for £18.05m, reflecting a net initial yield of 5.67%.

The property comprises a 146-bed care home let to Ganymede Care (guaranteed by Bupa Care Homes) for a further 16 years with a minimum RPI rental increase in 2015. The passing rent is £1,086,925 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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