Aberdeen care home up for sale

A care home comprising Tor Na Dee and Craig Court in Aberdeen is up for sale for a guide price of £17.155 million, reflecting a net initial yield of 6%.

The modern, self-contained purpose-built care home consists of 88 wetroom beds and two self-contained apartments.

The property is let to care operator Care UK. The lease has 18 years unexpired and has annual RPI rent reviews capped at 4%.

Commercial real estate agent Colliers has been instructed to sell the property by a private client.

Tim Meakes, director in the national capital markets team at Colliers, said: “We are pleased to launch this prime care home to the market, an asset that offers very secure, long-term income benefiting from inflation linked rent reviews.”

Join our mailing list

Stay up to date with all our events, awards and publications.

Information you provide us with will be kept private at all times, and will be used for communication and research purpose only.