Acquired
Winsford – Dental Practice
428/428A High Street, Winsford CW7 2DSFreehold Dental Practice Investment
Tenure
Freehold
Lease Term
15 Years
Years Left on Lease
Holding Over
Area
1,054 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises semi-detached dental practice
- Let to a dental practice operator with 600+ locations across the UK
- Located within short walk from the town centre, which occupies retailers such as Aldi, Argos, Boots, Farmfoods, Betfred and many more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises semi-detached dental practice, arranged over ground and first floor and provides the following accommodation and dimensions:
Ground Floor: 62.80 sq m (676 sq ft)
Reception, 2 Rooms, Storage
First Floor: 35.10 sq m (378 sq ft)
Office, Storage, Kitchenette, WC
Total area size: 97.90 sq m (1,054 sq ft)
Ground Floor: 62.80 sq m (676 sq ft)
Reception, 2 Rooms, Storage
First Floor: 35.10 sq m (378 sq ft)
Office, Storage, Kitchenette, WC
Total area size: 97.90 sq m (1,054 sq ft)
Tenancy Description
The property is at present let to ADP Dental Company Limited* t/a My Dentist from 12th September 2008 until 29th June 2023 at a current rent of £12,000 p.a. and the lease contains full repairing and insuring covenants. The rent increased from £6,000 p.a. at the last review.
*Note – ADP Dental Company Ltd operates 600+ NHS funded and private pay dental practices across the UK.
*Note – ADP Dental Company Ltd operates 600+ NHS funded and private pay dental practices across the UK.
Tenancies & Accommodation
Location Description
Winsford is a town and civil parish within the unitary authority of Cheshire West and Chester and the ceremonial county of Cheshire, England. The M6 motorway at junction 18 at Middlewich is the nearest motorway link, with the A54 connecting the town to it. The nearest airports are Liverpool John Lennon Airport and Manchester Airport. The town has a bus network run by bus company Arriva, with buses to Crewe and Northwich. The property is located within short walk from the town centre, which occupies retailers such as Aldi, Argos, Boots, Farmfoods, Betfred and many more.
