Features
- Modern single-storey veterinary surgery premises extending to approx. 1,248 Sqft (115.41 Sqm).
- Occupying an elevated roadside location with on-site car parking.
- Total site area of approximately 0.14 acres (0.055 hectares).
- Let to Independent Vetcare Limited, having a Creditsafe Rating of 70 (Very Low Risk).
- New 10 year lease from July 2023 at a low rent of £17,500 per annum equating to £14 per square foot with the next rent review due in July 2028.
- Strong asset management opportunity for investors.
- Offers in the region of £275,000 are invited for the freehold interest subject to and with the benefit of the existing tenancy.
Description
The property comprises a modern single-story commercial building extending to approx. 1,248 sqft (115.41 sqm) being of traditional brick construction incorporating sealed unit double glazed windows beneath a tiled pitched roof with glazed entranceway.
The premises which were formerly a public library has been converted and adapted to operate as a Veterinary Surgery boasting a reception area with waiting room, along with separate consulting and operating rooms. The property is well-appointed with modern facilities and occupies an attractive landscaped setting with limited private parking at the rear.
The property has a total site area of approximately 0.14 acres (0.055 hectares).
The property occupies an elevated and prominent position to the northern end of Hockley Road. The veterinary practice is located within the well established and predominantly residential area of Wilnecote being approx. 3 miles south-east of Tamworth Town Centre
Wilnecote is a popular residential area supporting a range of local amenities and is located a short distance from J10 of the M42 Motorway, being just 1.5 miles to the east of Hockley Road which provides travel links to the M6, M1 and A5.
Tamworth is an expanding market town supporting a wide catchment area being located 14 miles northeast of Birmingham City Centre and is well known for the Drayton Manor Theme Park and Snowdome.