Located in South Shields, North East England, Florence Hall represents a significant opportunity not only to service a growing need, but also to build a sense of pride and help revitalise community spirit within the South Shields area.
This currently closed care facility will undergo a full schedule of refurbishment and be transformed into a high-specification 48 bed enriched dementia facility and nursing home.
An Innovative New Model
This new commercial buy-to-let purchase opportunity offers you circa 8% rental income per annum with a buy back option up to 125% and an ROI up to 225% depending on your exit strategy.
A choice of 5 assured exit strategies provides ultimate flexibility whilst rewarding long-term commitment with greater returns, delivering the most efficient and stable operation.
Additionally with 2 purchase options, you may purchase a unit either with the full cash input of £55,000 and receive your first year’s rental income within 28 days of exchange, or take advantage of the by deduction model and benefit from a lower cash input of £50,600 by offsetting £4,400 against your 1st years rental income. All returns from year 2 onwards are paid annually in arrears.
£50,600 / £55,000
South Shields, North East, England
✓ 48 Bedroom Care Facility
✓ By Deduction Purchase Option (£50,600)
✓ Full Cash Purchase Option (£55,000)
✓ ROI up to 225%
✓ Rental Income Circa 8% Per Annum
To register your interest, fill in the form below and a Fortem Global Portfolio Manager will contact you to arrange a consultation.