Bright Meadow Care Home, Breightmet Fold Lane, Breightmet, Bolton

Description

• Bolton is a major regional centre within Greater Manchester.
• Strong demographics for trading having 1 million people within a 30 minute drive.
• Modern purpose build care home developed in 1996.
• 121 bedrooms, all en-suite.
• Freehold asset benefits from lease with 31 years of the term unexpired.
• Annual rent reviews based upon RPI uplifts ( 2-4%).
• Current rent of £414,000 pa.
• Attractive initial yield of 7% which rises September 2025 and annually through the term.
• Strong trading home run by experienced operator.
• Pricing reflects £45,826 per bed.
• Long term redevelopment potential connecting with adjoining retail park.
• Building offers over 40,000 sq ft.

We are seeking offers in excess of £5,545,000 (Five Million Five Hundred and
Forty Five Thousand Pounds) plus VAT reflecting an attractive net initial yield of
7% rising in September 2025 to 7.25%, (based upon current RPI of approximately
3.5% pa) net of purchasers costs at 6.61%.

BUILDING HIGHLIGHTS

Major regional centre within Greater Manchester.

121 bedrooms, all en-suite.
Current rent of £414,000 per annum.

Pricing reflects £45,826 per bed.

Location

Bolton is a major regional centre within Greater Manchester. The town is located 14 miles to the North West of Manchester city centre, on the North side of the M61 Motorway. To the East, Bury and Rochdale, 7 miles and 18 miles respectively are accessible via the M60/M62 motorways.

Downloads

Bright Meadow Care Home.pdf

Specification

Modern 121 purpose-built care home.
Developed in 1996.

Team

David Winterbottom

07836 225552
0161 956 4103

Chris Ward

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