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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 | Building Class | B |
| Tenure | Freehold | Lot Size | 7.15 AC |
| No. Units | 80 | Building Size | 60,501 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1980 |
| Apartment Style | Garden |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.15 AC |
| Building Size | 60,501 SF |
| No. Stories | 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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