Office for sale in Block A, Tickhill Road, Balby, Doncaster, South Yorkshire DN4, £715,000

715,000.00

Offer Nr.:
63797196
Type of ad:
for Sale
Property type:
Office
Contact name:
Craven Wildsmith
Phone(s):
01302 457679

* Freehold
* Tenant: SpaMedica Limited
* Recent conversion to Ophthalmology clinic
* 10 year lease from April 2022
* Break and Rent Review at 5 years
* Rent £59, 000
* Attractive High Quality Modern Building
A self contained building with a single tenant and excellent covenant.
The buildings were constructed in the mid 2000s. The site comprises the main
building with adjacent parking, store room, and secondary car park.
The main building was converted in 2022 to a Ophthalmology clinic. The floor
plans with the planning application are set out below.
Terms:
The property was let to SpaMedica for 10 years from 14th April 2022, The rent
is £59, 000. The 5th anniversary of the lease contains a tenant's break option,
rent review and concessionary rent (6 months at half rent if the break is not
operated). A copy of the lease is available on request. We understand
SpaMedica Limited are the largest provider of nhs Ophthalmology Services in
the UK. The cost of the 2022 tenants conversion and fit out was between £750k
and £1m.
See SpaMedica:

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