Investment Properties for sale in Newhaven

View the "Fully Let Residential Care Facility Generating 6.5% Yield - Very Strong tenant, Passive Investment." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Freehold Price: £1,199,000 Annual Turnover: £78,000 Annual Net Profit: £78,000
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Business Description
The Investment is a newly redeveloped specialist children’s care facility, providing residents therapy and schooling for five children and with two staff. The building is leased on a full repairing basis to a national leading care provider at £78,000 per annum for 21 years with R.P.I linked annual rent reviews, giving an excellent passive investment. The property is located in East Sussex in a quiet residential area, within the thriving town of Newhaven and close to an Area of Outstanding Natural Beauty, presenting strong capital growth potential alongside the tenant income. The tenant is committed to maintaining a fantastic environment for the children and achieves sustained good and outstanding Ofsted ratings.

The tenant company was established in 2001 and has 14 existing care homes in the U.K, expanding considerably year on year. Also with expertise in education, fostering, residential care. Their residential subsidiary is the fastest growing sector of their business and highly profitable. Investment security is further enhanced with a parent company acting as a guarantor on the lease. For more information on the tenant and their group of companies, please contact us.
Tenure: Freehold

Location Details:
Newhaven is a great place to invest in a thriving location. East Sussex lies on the Southern coast of England, close to Brighton. It’s a short road or rail journey to Gatwick (the UK’s second businest airport) and just over an hour from London. It also has an imporant gateway to mainland Europe through Newhaven harbour.

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