Caledonian Court_Property for Sale
Caledonian Court_Property for Sale
Victoria Road, Larbert, FK5 4NA, UK

Caledonian Court

Description

JLL as selling agents are pleased to present Caledonian Court, located in Larbert, United Kingdom.


This is an opportunity to invest in a quality healthcare asset, strategically positioned to capitalise on the growing demand for care in the surrounding catchment. Constructed in 2007, Caledonian Court comprises a purpose-built nursing home providing a total of 72 bedrooms arranged over two floors. All rooms offer spacious accommodation and benefit from 100% en-suite wetroom provision.


The ground floor comprises 30 bedrooms along with ancillary accommodation such as laundry, kitchen, staff room, offices. The remaining 42 bedrooms are situated on the first floor. Residents have access to a range of onsite communal areas including several lounges and dining rooms, in addition to a café, salon and activity/cinema room.​


The care home has several external areas surrounding the property and a secure internal courtyard area accessible via the communal lounges on the ground floor. To the front of the property, there is parking for 28 vehicles.​ The property measures a total gross internal area of 3,278 sq m, equating to a generous 45.5 sq m per bed, and occupies a site extending to approximately 1.0 acre.


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Attributes

Tenants
Care UK
Beds
72
Lease type
Net lease (N/NN/NNN)
WAULT
11.5 years
Total Annual Rent
CN¥6,994,834.77
Asking price
CN¥70,888,000
Year built
2007

Media

Investment Highlights

• Modern 72 bed care home, benefitting from 100% en-suite wetroom provision

• Generous offering of communal amenities for the residents

• Let to Care UK Ltd and guaranteed by Care UK Investments Ltd (D&B 5A1)

• 30 year FRI lease with 11.5 years of unexpired rental income

• Passing rent of £752,893 per annum, equating to £10,457 per bed

• Annual upward only RPI linked increases (capped at 4%)

• Significant undersupply of 668 wetroom beds in the catchment area

• Inspected by the Care Inspectorate in August 2025 (Grade 4 and 5)

• EPC rating B32 (based on England & Wales comparative assessment)

Caledonian Court 4_Property for Sale
Caledonian Court 4_Property for Sale

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Caledonian Court (0 Properties)

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Last updated
25 Feb 2026