Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises an assisted living childrens residential care home arranged across ground and first floors.
Accessed from Doddington Road, the property features a large driveway to the front with parking for approximately six vehicles.
Internally, the property features six bedrooms, kitchen, living room and associated bathrooms and other ancillary areas.
To the rear the property features a large garden which includes a large detached building used as an activity room.
The property is let on a full repairing and insuring lease to Juventas Services Limited for a term of 20 years expiring 15/04/2041 and paying a rent of £52,000 per annum (after Vendors top up).
The property is situated on the corner of Doddington Road and Albert Way in Chatteris, a popular village in close proximity to, Huntingdon, Ely, Peterborough and Cambridge. The surrounding area is predominantly laid to residential use.
Tenure
Freehold
Tenancy
The property is let to Juventas Services Limited on a 20 year lease expiring 15/04/2041 and paying a rent of £48,000 per annum. The Vendor will top up the rent to £52,000 per annum to the next rent review (16/04/2026).
The lease is on full repairing and insuring terms and includes five yearly rent reviews linked to the Retail Price Index (RPI) with a minimum increase of 2% and a maximum increase of 4%, the next review is 16/04/2026.
The lease includes a tenants break option 15/04/2031.
Rent