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BER B3C3

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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3 Purpose Built Nursing Homes - Adare, Kilcolgan and Moycullen, Crossagalla, Co. Limerick

Price on Application
Investment Property For Sale | 75,347 sq. feet (7,000 sq. metres)
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Overview

Property Description:

SALE AGREED

For Sale by Private Treaty (Tenant unaffected)

3 purpose built nursing home properties let to Ireland's largest operator, Mowlam Healthcare


The portfolio consists of 3 homes providing 186 beds (in total), the majority of which are single rooms with wet room en suites.

Each home is located in the heart of the community benefiting from local village amenities, whilst at the same time serving a large catchment area.


Features:

Nursing home investment porfolio
Purpose built assets
Predominantly single en suite bedrooms
let to Ireland's largest operator
c. 11 years unexpired

Details:

Asset 1 - Adare & District Nursing Home:

Adare and District Nursing Home is located in the townland of Croagh a short distance from the picturesque village of Adare, in Co Limerick.

The property consists of a predominantly single storey building with residents accommodation provided at ground floor level.

The home is purpose built and has been in operation for over 15 years. It is currently registered for a maximum capacity of 84 residents.

Lease Terms

Term: 15 years from 19 November 2013 (c.11 years unexpired)
Passing Rent: €350,000 per annum
Review: Year 10 to open market rent
Price: €3,750,000


Asset 2 - Kilcolgan Nursing Home:

Kilcolgan Nursing Home is located a short distance from the village of Kilcolgan, in East Galway.

The property consists of a purpose designed single storey building with considerable scope for expansion.

All resident's accommodation is provided at ground floor level.

The home is purpose built and has been in operation since 2002.

It is currently registered for a maximum capacity of 48 residents.


Lease Terms:

Term: 15 years from 22 November 2014 (c. 12 years unexpired)
Passing Rent: €200,000 per annum
Review: Year 10 to open market rent
Price: €2,750,000


Asset 3 - Moycullen Nursing Home:

Moycullen Nursing Home is located a short distance outside the village of Moycullen in Co Galway.

The property consists of a purpose designed single storey building with significant scope for expansion.

The home is purpose built and has been in operation since 2003.

It is currently registered for a maximum capacity of 54 residents


Term: 15 years from 17November 2013 (c. 11 years unexpired)
Passing Rent: €226,000 per annum
Review: Year 10 to open market rent
Price: €2,700,000


Building Energy Ratings:

Home BER Rating BER No EPI
Adare & District Nursing Home B3 800582033 388.6
Kilcolgan Nursing Home C3 800586653 865.67
Moycullen Nursing Home C2 800587016 537.86



Available for sale in one lot or as individual properties.


Please note, the size below is approximate.
PDF Brochure 

PDF Brochures:

 Brochure 1.pdf

BER Details

BER B3C3

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?

Daft Property Shortcode:

https://www.daft.ie/5630804

Date Entered/Renewed:

2/9/2019 (42 days ago)

Property Views:

1,000
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Map Legend:

Exact Location Match Exact location match

Address:

3 Purpose Built Nursing Homes - Adare, Kilcolgan and Moycullen
Negotiator Photo

Gary Watson

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listed properties.

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3 Purpose Built Nursing Homes - Adare, Kilcolgan and Moycullen, Crossagalla, Co. Limerick