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Care Home

2 Health Care Properties Offered at $30,745,227 CAD in Milltimber

Health Care Properties Aberdeenshire Milltimber Care Home

Investment Highlights

  • Prime care home
  • Affluent location
  • Let to Care Uk

Executive Summary

Sale of a prime care home comprising Tor Na Dee and Craig Court in Aberdeen for a guide price of £17.155 million, reflecting a net initial yield of 6%. This modern, self-contained purpose-built care home consists of 88 wet room beds and two self-contained apartments.
The entirety of the property is let to Care UK Limited, one of the largest care operators in the UK. The lease has 18 years unexpired and benefits from annual RPI rent reviews capped at 4%.

Property Facts

Price $30,745,227 CAD Number of Properties 2
Price / SF $960.79 CAD / SF Individually For Sale 0
Cap Rate 6% Total Building Size 32,000 SF
Sale Type Investment Tenure Freehold
Status Pending
Price $30,745,227 CAD
Price / SF $960.79 CAD / SF
Cap Rate 6%
Sale Type Investment
Status Pending
Number of Properties 2
Individually For Sale 0
Total Building Size 32,000 SF
Tenure Freehold

Properties

Property Name / Address Property Type Size Year Built Individual Price
Tor Na Dee
89 Binghill Grv, Milltimber AB13 0HF 		Health Care 24,000 SF 2000 -
Craig Court
Main St, Milltimber AB13 0HF 		Health Care 8,000 SF 2000 -
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Links

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+44 20 7487 1785

Contact

  • Listing ID: 29917188

  • Date on Market: 2023-10-30

  • Last Updated:

  • Address: Care Home, Milltimber, ABD

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Care Home
+44 20 7487 1785 x

Care Home

Tim Meakes

+44 20 7487 1785

+44 20 7487 1785

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