The specialist primary care team at Bilfinger GVA has acted on behalf of Muse in the agreement by Primary Health Properties (PHP) to fund and acquire a new health centre in Swindon, for a net consideration of £10m.
Situated in Kimmerfields, the major mixed use Swindon city centre site under development by Muse, the 27,000 sq ft property has been let to NHS Property Services for a 20 year term from completion. Two GP practices will serve over 20,000 patients from the new centre.
Completion of the property, which is currently under construction, is expected early 2017, from which point it will be wholly owned by PHP.
Richard Taylor, Senior Director at Bilfinger GVA in Bristol said: “Kimmerfields is a major mixed use scheme currently revitalising the heart of Swindon. The securing of this funding agreement will result in much needed modern, new medical facilities for patients and staff of the two practices.”
For further information, contact Richard Taylor, Senior Director, Bilfinger GVA, Direct Dial: 0117 9885253 – Email: email@example.com