Up until around 3 years ago, there were not many companies who bought commercial properties let to medical centres.  This was, and still is, quite a specialized sector and one which most daren’t not touch.  However, as the world changed, due to Covid, investor’s criteria changed.  Many moved away from buying retail, offices and warehouse and moved towards buying medical centres.

What exactly is a medical centre?  This is a building, which looks like an office, which houses private doctors and/or NHS doctors.  It can also be a vet, cosmetic clinic, dental surgery or hospital.

The main advantage of medical centres is security of income.  This is the most important thing today which investors look for.  Will I receive my rent?  Will my tenant go bust?  Will I be able to increase the rent at review?  As companies struggle to pay their bills, including their rent, property investors look for opportunities where the income is secure and guaranteed.  Medical centres are one of the safest investments as there will always be a need for doctors, dentists, vets and so on.  Further, a lot of these tenants are funded by local and central government and so they are even more capable of paying their rent.

Medical centres come in all shapes and sizes.  They can be small converted office building which house 2/3 doctors or large purpose built hospitals spread over acres of land.  They can be found in all towns and cities throughout the UK, even small villages.  Therefore, this type of commercial property appeals to all types of investors.

If you own a medical centre, and are thinking you want to sell it fast, then contact us for a quick cash offer.