Edwards & Co advise on a healthy £8m acquisition in Bolton
Edwards & Co have advised on PHP PLC's acquisition of Waters Meeting Health Centre in Bolton. The modern property is fully let to NHS Property Services, two GP Practices and a Pharmacy. The acquisition price was £8,000,000.
Martin Hamer, Investment Director at Edwards & Co, comments "We are delighted to complete this acquisition in a very specialised sector of the market. The growing population and subsequent increasing pressure on the healthcare sector means these modern 'hubs' are a valuable part of the NHS infrastructure. This particular asset presents our client with a real opportunity to work with the NHS to ensure the property will provide the services they need going forward."