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10 December 2012
Primary Health Properties PLC
Primary Health Properties PLC ("PHP"), one of the largest providers of modern primary healthcare facilities, announces that a wholly owned subsidiary has entered into a contract to acquire a modern, purpose built medical centre in Bearwood, Poole for approximately £3.6 million (net assets acquired £3.6 million).
The construction of the building is to be completed shortly and it will be fully let and income producing on leases to a GP surgery, a pharmacy, a Co-Operative store encompassing two other retail units with a weighted average unexpired lease term of 19 years.
More information on Primary Health Properties PLC can be found on www.phpgroup.co.uk
Further details:
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Harry Hyman Managing Director Primary Health Properties PLC Tel: 020 7451 7050 |
Phil Holland Deputy Managing Director Nexus TradeCo Limited Tel: 020 7451 7050
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Tim Walker-Arnott Property Director Nexus TradeCo Limited Tel: 01483 749033
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