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A Freehold Fifteen Bedroom Detached Care Home Fully Let Producing £50,000 Per Annum (Reflecting a Gross Initial Yield of 18.18%). Potential for Conversion to Residential (Subject to Obtaining all Relevant Consents)
The property comprises a fifteen bedroom detached care home arranged over ground and two upper floors.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Padarn Country Park are within easy reach. Transport links are provided by the A4086.
Accommodation
Ground Floor Two Reception Rooms Kitchen Five Bedrooms Office Space Conservatory Bathroom Three WC's G.I.A approximately 214 sq m First Floor Reception Room Kitchen Eight Bedrooms Two Bathroom Two WC's G.I.A approximately 176 sq m Second Floor Two Bedrooms Bathroom Ancillary Space G.I.A approximately 42 sq m Total GIA Approximately 432 sqm / 4,650 sq ft
Exterior
The property benefits from communal gardens, a garage and off street parking for numerous vehicles.
Tenancy
The property is subject to a lease for a term of 10 years commencing 22nd January 2026 at a rent of £50,000 per annum.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.