NHS, Waterbeach Barracks Deal
Investment sale of refurbished 235 bed NHS keyworker accommodation blocks located north of Cambridge
Client
Urban & Civic PLC
Price
£18.6m
Net yield
3.75%
Related pages
Disposal of residential keyworker scheme let to Royal Papworth Hospital NHS Foundation Trust providing an indexed linked income stream with c 23 years unexpired. The property is let on a 25-year lease from 9 July 2018 to the Royal Papworth Hospital NHS Foundation Trust (c.23 years remaining). The current rent is £723,351 reflecting an average rent per bed of £3,078 per annum or £59.19 per week.
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