carehome

In June 2014, the Mencap portfolio was acquired for £17.1 million which reflected a NIY of c.7.2%.

The portfolio comprises of 7 care homes located in Sutton-upon-Ashfield, Ipswich, March, Bury St Edmonds, Witham and 2 in Thetford. Royal Mencap Society (the leading learning disability care provider in the UK) have 21 year leases in place.