Property Details: • Type: Commercial Property • Tenure: FEUDAL • Floor Area: N/A

Key Features: • 88 en-suite wetrooms and 2 self-contained flats • Amples of car parking spaces • Church services • Hair and Beauty Salon • Minibus • Shop • Garden • Lounge Area • Reminiscence Room • Cinema

Location: • Nearest Station: Portlethen Station • Distance to Station: 4.997067562733783 miles

Agent Information: • Address: 95 Wigmore Street, London, W1U 1FF

Full Description: Aberdeen is the administrative centre for North East Scotland and is at the centre of the UK?s oil and gas industry often being renowned as the ?Oil Capital of Europe?. <br /><br />Located in the affluent suburb of Milltimber 6 miles to the west of Aberdeen City Centre. <br /><br />Two modern, self-contained purpose-built care homes arranged over ground and one upper floor. Tor Na Dee consists of 74 wetroom beds and Craig Court comprises of 14 wetroom beds and two self-contained apartments. <br /><br />The property has a large site area of 2.53 acres.<br /><br />There is a considerable demand within the catchment area with an under supply of 630 wetroom beds.<br /><br />The property is let on a full repairing and insuring lease to Care UK Limited expiring on the 30th October 2041 therefore providing approximately 18 years unexpired. <br /><br />The lease is subject to annual upwards only RPI linked rent reviews with a collar and cap of 0% - 4%. The next rent review occurs on the 31st October 2023. <br /><br />As of 31st October 2023 the rent will be £1,099,317 per annum reflecting £12,215 per bed. <br /><br />Care UK Limited are one of the largest care operators in the UK supporting 8,000 plus families across 150 care homes.<br /><br />Heritable.