Investments portfolio
City Living Development’s Investment Property Portfolio was established to acquire and hold prime, covenant led, long term investment and development assets which provides valuable diversification to the Group’s wider property portfolio. All property sectors are considered, including retail, office, industrial and leisure properties with particular focus given to the health sector where properties benefit from quasi-government covenant strength.
If you would like to discuss a potential medical property investment opportunity please contact: tristan@citylivingproperty.co.uk
A selection of the Investment Property Portfolio is shown below:
Independent Sector Treatment Centre, Milton Keynes
• Healthcare development
• Gross Development Value of £9m
• Site purchased from English Partnership in 2005
• Pre-let to Capio Healthcare (UK) Ltd (now Ramsey Healthcare Ltd)
• Construction period of 7 months
• 17,761 sq.ft of medical space
Devonshire House, Harrow • A two-storey building with on-site car parking
• Anchored by a private doctor’s surgery on the ground floor
• A variety of small office units located on the first floor
• Benefits from future development potential
• Requires active management of the first floor lease expiries
• First floor to be re-let with a view to improving the
tenant covenant
Renal Dialysis Unit, Boston • Purchased in 2007
• A purpose built dialysis unit of 5,000 sq.ft with 9 car
parking spaces
• Located on a dedicated Healthcare Park
• Let to Fresenius SE who are a leading provider of renal dialysis
equipment and operations
• We are working with Fresenius SE to locate, purchase and
fit-out further units nationwide
• Well secured long term investment
Medical Centre, West Cornforth • Purchased in 2007
• Purpose built Medical Centre of some 2,500 sq.ft with
6 car parking spaces
• Long term letting to a NHS medical practice
• Provides quasi government rental income and very strong
tenant covenant
• Future development potential for a pharmacy unit
• Very good investment property
Hilton Garden Hotel, St Annes Wharf, Norwich • Proposed 125 bedroom 4 star hotel
• Due to open 2011
Unit 14, Regatta Quay, Ipswich • New commercial unit forming part of our Regatta Quay
mixed use development
• Provides 3,197 sq.ft of commercial space across ground
and mezzanine floors
• Let to Pizza Express Restaurants Ltd
• Prime leisure location benefiting from a riverside frontage
Unit 7, Regatta Quay, Ipswich • New commercial unit forming part of our Regatta Quay
mixed use development
• Provides 1,001 sq.ft of commercial space across ground
and mezzanine floors
• Let to Morgan's Wine Bar and Bistro
• Prime leisure location benefiting from a riverside frontage