- Client
- Private clients
- Sector
- Commercial
- Location
- Bath
- How we helped
- Healthcare
Three career highlights:
Leading Bath retail and leisure agent, act for St John’s Foundation, Bath, Standard Life, Aviva, Imperial, The Gap and numerous other investors and occupiers.
Recent highlights:
• Letting to Rick Stein restaurants in Marlborough, Wiltshire.
• Sale of an investment portfolio in Bath for St John’s Foundation
• Sale of Santander, Milsom Street, Bath for Lothbury.
• Transactional work for St John’s Foundation in Old Bond Street Bath including lettings to Bobbi Brown and Charles Tyrwhitt and purchase & re-gear of Russell & Bromley.
Our professionals were instructed to advise on the surgery by three doctors who jointly owned the premises which totalled approximately 1,070 sqm over two floors with 22 car parking spaces
The owners sought to realise their capital. Liaising throughout with the local NHS Estates and Commissioning teams, a new 20-year lease, acceptable to all of the doctors in the practice and the NHS and institutional investors was drafted and the asset marketed to specialist healthcare investors.
A sale was then finalised to Assura Aspire at a price of £4,725,000, with a passing rent of £234,000 reflecting a 4.7% initial yield.