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The James Cook University Hospital Residences Marton Rd 80 Unit Apartment Building For Sale Middlesbrough TS4 3SR
Investment Highlights
- Comprising 21 residential blocks
- 5-yearly RPI linked rent reviews (collar of 1% and cap of 4%)
- Located adjacent to the region’s largest hospital
Executive Summary
We are pleased to bring to market a freehold investment opportunity let to the NHS, comprising 21 residential blocks of key worker accommodation, located adjacent to the region’s largest hospital.
? 121 self-contained flats, comprising 354 bedrooms set on a 7.46-acre site
? Let to South Tees Hospitals NHS Foundation Trust with an unexpired term of 12.75 years
? Passing rent of £912,750 per annum
? 5-yearly RPI linked rent reviews (collar of 1% and cap of 4%)
? Freehold
? 121 self-contained flats, comprising 354 bedrooms set on a 7.46-acre site
? Let to South Tees Hospitals NHS Foundation Trust with an unexpired term of 12.75 years
? Passing rent of £912,750 per annum
? 5-yearly RPI linked rent reviews (collar of 1% and cap of 4%)
? Freehold
Property Facts Sale Pending
| Sale Type | Investment | Costar Property Class | B |
| Tenure | Freehold | Total Plot Size | 7.15 ac |
| No. Units | 80 | Property Size | 60,501 sq ft |
| Property Type | Build-to-Rent | No. Floors | 3 |
| Property Subtype | Apartment | Year Built | 1980 |
| Apartment Style | Garden |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 80 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | B |
| Total Plot Size | 7.15 ac |
| Property Size | 60,501 sq ft |
| No. Floors | 3 |
| Year Built | 1980 |
Amenities
Unit Amenities
- Storage Space
- Kitchen
- Refrigerator
- Tub/Shower
- Wi-Fi
- Yard
- Lawn
- Vinyl Flooring
Site Amenities
- Private Bathroom
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The James Cook University Hospital Residences | Marton Rd
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