TypeTraining & Welfare Investments · Mixed Portfolio Investments
TenureFor sale
The property is let to Homes 2 Inspire Ltd for a term of 10 years
from 15th October 2025. There is an upward only review on 14th
October 2030, based on indexation, and collared and capped at 1%
& 5% per annum, compounded annually.
Initial rent £67,500 pax rising to £72,500 pax in year 3, with an
average rent of £71,500 pax over the initial period to first review.
A Deposit of £87,000 (£72,500 plus an amount equivalent to VAT) is
held.
** The lease has Shaw Trust Ltd (Co reg No. 01744121) acting as
guarantor - Shareholders funds/Balance Sheet: £245m **