Lincoln-based chartered surveyor Banks Long & Co today revealed it has acquired a brand new medical centre on behalf of a specialist investment company – underlining its fast-growing expertise in this field.
Banks Long Director Tim Bradford said it acted on behalf of Oakdeane Investments, of London – currently a finalist in this year’s Health Investor of the Year Awards – in securing Taylor’s Avenue Medical Centre in Cleethorpes.
Oakdeane claims that medical investments are one of the “most secure” property investment options at this time because they provide long-term leasing opportunities, which are underwritten by the Government.
Mr Bradford said: “We are delighted to have done repeat business with this prestigious client. We have now bought more than 30 medical centres for Oakdeane across the UK, since we began acting in this niche market in 2006 and have a further four surgery investments under offer.
“All the hard work is being recognised by Oakdeane’s nomination in the Investor of the Year category in this year’s Heath Investor Awards, which are due to be announced in a ceremony at the Grosvenor House Hotel in London in June.”
Lincoln-based Lindum Construction has built the Taylor’s Avenue Medical Centre, which opened this week and which houses two GP practices, serving 6,000 patients. The development, on the site of the former Lynton public house, also features a Spar store and a pharmacy.
