Chiswick Nursing Centre_Property for Sale
Chiswick Nursing Centre_Property for Sale
Ravenscourt Gardens, London, W6 0AE, UK

Chiswick Nursing Centre

Asset description

Chiswick Nursing Centre comprises a purpose-built property, providing a total of 146 registered bedrooms arranged over the ground and four upper floors.


In addition to the ground and upper floors, there is also a basement which provides meeting rooms, offices, kitchen, staff rooms, laundry and plant and storerooms.


The home has 100% en-suite WC provision with just over half of the rooms benefitting from shower rooms. Communal facilities for the residents include a salon, physio gym, lounges and dining rooms including nurse stations on each floor. There are two passenger lifts and an additional goods lift which links all floors.


Externally, the home benefits from two large gardens and a provision of parking, including disabled parking and an ambulance bay.


The centre’s main entrance is accessible via Ravenscourt Gardens to the south.


The property extends to a floor area of approximately 78,500 sq ft and sits on a 0.84 acre, broadly rectangular site.


The latest CQC inspection took place in January 2024, with the home achieving a ‘Good’ rating across all five assessment areas.


The home has benefitted from a rolling maintenance plan throughout the lease term, with the tenant currently undertaking a more comprehensive redecoration programme across all floors to enhance the presentation of the home.

...

Attributes

Tenants
Ganymede Care Limited with a guarantee from Bupa Care Homes (ANS) Limited
Beds
146
Remaining lease term
5.5 years
Lease type
Absolute Triple Net
EPC
Grade C
Land area gross
0.34 ha

Media

Investment highlights

  • Rare opportunity to acquire the freehold of a leased care home investment located in the affluent London Borough of Hammersmith and Fulham
  • Strong transport infrastructure, with quick and convenient access into central London
  • The property comprises 146 registered beds with 100% of bedrooms benefitting from en-suite facilities
  • Let to Ganymede Care Limited on an FRI lease for a remaining term of c.5.5 years, with a guarantee from Bupa Care Homes (ANS) Limited (5A2 covenant)
  • Passing rent of £1,304,784 per annum, equating to a low rent per bed of £8,937
  • Considerable undersupply of care home beds in the catchment with a growing demand
  • Rated 'Good' across all 5 CQC standards (June 2024)
  • EPC rating of C, expiring in May 2031
  • Excellent repositioning opportunities, subject to the necessary consents
Chiswick Nursing Centre 4_Property for Sale
Chiswick Nursing Centre 4_Property for Sale

Contact brokers

Chiswick Nursing Centre (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jul 3, 2024