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For Sale 1 Bedroom 1 Bathroom 1 Reception From £75,000

Lady Lane, Bingley, BD16 - From £75,000

  • Passive UK Care Home Investment Opportunity
  • 8% Rental Returns Per Annum
  • 4 Buy Back Options Offered by The Developer
  • 125 Year Lease
  • Fully Managed

GRAMONT HOUSE | INVESTMENT OPPORTUNITY

Gramont House will be able to cater for 4 levels of care; residential, nursing, nursing with dementia & palliative. Dementia-specific interior design within the facility. Affluent location and will attract a high number of private fee paying individuals. Gramont House is currently undergoing a rolling refurbishment.

INVESTMENT OVERVIEW

Through a unique structure, the developer is able to offer you a choice of 4 exit strategies for ultimate flexibility:

1. Buy back Year 10 115%

2. Buy back Year 15 120%

3. Buy back Year 20 125%

4. Buy back Year 25 125%

o At the end of your chosen term, an assured buy back can be initiated whereby the developer will purchase the unit back from you at the relevant buy back percentage. To give you opportunity to initiate a buy back, the developer will contact you 2 years in advance of each exit option, during which time, you will have six months to respond.

o You have the option to sell your unit on the open market at any given point.

o Should the developer initiate the freehold sale of the facility to an external operator at any point from your exchange process, you will receive the higher 125% Buy Back amount.
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The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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