Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding dental practice investment with both asset management and development potential.
Arranged as three terraced buildings over ground and first floors and set within a large rectangular site, the property is let to Petrie Tucker and Partners Limited, trading as MyDentist and part of the MyDentist Group; Europe's largest dental care provider. The lease is for a term of 20 years, expiring 21/06/2030 and paying a rent of £35,800 per annum.
The property includes two unused flats and therefore may offer longer term conversion to alternative uses, including residential (subject to existing leases and any requisite consents).
Tenure
Freehold
Tenancy
The property is let to Petrie Tucker and Partners Limited, trading as MyDentist and part of the MyDentist Group. The lease is for a term of 20 years, expiring 21/06/2030 and paying a rent of £35,800 per annum.
The lease is on full repairing and insuring terms and includes upward only, open market, rent reviews every five years. There is also a tenants break option in 2025.
Petrie Tucker and Partners Limited
Turnover (2023) - £45,429,000
D&B Rating - 4A2
Petrie Tucker and Partners Limited is a national operator of Dentist Surgeries trading as MyDentist. The business is part of the wider My Dentist Group which is Europes largest dental care provider and operates over 550 practices.
Rent