Hockley Medical Practice, 60 Lion Court, Carver Street, Jewellery Quarter, Birmingham B1 3AL
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The acquisition of Hockley Medical Practice, a purpose built medical centre investment in the Jewellery Quarter, Birmingham. Acting on behalf of Assura the property was purchased from a private investor.
The property comprises a purpose built medical centre and pharmacy constructed in 2011 and located at the junction of Carver Street and Warstone Lane. The property extends to over 10,000 sqft over two floors and is part of a larger residential development and benefits from 20 car spaces on site.
The medical centre is let to two GP’s trading as Hockley Medical Practice on a 20 year lease from August 2011. The pharmacy is let to Aldenmat Ltd on a similar length lease. Both leases have 3 yearly RPI reviews.
The vendor was a private investor client of Jones Valerio.
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