Description
Constructed in 2011, Horfield Lodge comprises a modern future-proof nursing home, providing a total of 75 registered bedrooms, including 19 care suites, all benefiting from en-suite wetrooms.
The property has a bespoke design arranged over three storeys at the front and four storeys at the rear to accommodate the site’s gentle sloping nature. The resident care accommodation is located on the ground and upper two floors, with the lower ground floor dedicated to back of house functions.
Residents have access to a wide range of onsite amenities including a lounge, dining room and activity room across the ground and first floor, in addition to a café, salon and several seating areas. Each of the care suites are self-contained and have the benefit of their own lounge and kitchen for residents with a greater level of independence. The property also provides a ground-floor terrace, upper-floor balconies, and a large south-facing roof terrace with panoramic city views.
The property measures a total gross internal area of 4,182 sq m, equating to a generous 55.8 sq m per bed, and occupies a site extending to approximately 0.88 acres.
Caractéristiques de l'actif
Média
Points clés d'investissement
• Modern 75-bed care home, including 19 care suites, all with en-suite wetrooms.
• Let to leading charitable operator Methodist Homes “MHA” (D&B 5A2).
• 35-year FRI lease, with 21.1 years unexpired.
• March 2025 rent review is estimated at £1,029,851 p.a., reflecting £13,731 per bed.
• Annual upward only RPI indexed rent reviews (2.5%-5.0%).
• Rated CQC 'Outstanding' (March 2020).
• Strong carehome.co.uk rating of 9.7/10.
• EPC rating B46.
• Communal areas across the home are currently being refurbished by the tenant.
• Freehold.
Contacter l'équipe
