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Office
Property description & features
- 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
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.
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