212-216 Great Portland Street

Extremely rare opportunity to acquire two securely let freehold assets in the heart of London's medical quarter.

1. Situated within and forming a critical part of HCA's Portland Hospital Campus, a well established centre of excellence focused on delivering exceptional care for women and children.
2. Adjoining and interconnected freehold properties, occupied and leased to HCA International Ltd and Saritamar Ltd.
3. HCA International Ltd are a global leader in the healthcare sector employing over 5,000 people with a Very Low Risk Credit Rating, a turnover of approximately £656M and shareholder funds of approximately £227M.
4. The properties are majority let to the undoubted covenant of HCA International Ltd for a term to expire in December 2042, over 17 years unexpired, representing 92.5% by income.
5. Overall, the investment provides an WAULT of 16.3 years.
6. Total topped up rent of £1,799,775 per annum equating to a reversionary £71.56 per sq ft overall. This compares favourably to recent activity across the Harley Street Health District.

We are instructed to seek offers in excess of £42,130,000 for the freehold interest, subject to contract and exclusive of VAT.

A purchase at this level reflects a NIY of 4.00% assuming 6.80% purchaser's costs.

Opportunity to purchase the properties individually or combined.