Capita Symonds Advises on Premier Medical Group Acquisition

6 June 2011

Capita Symonds’ Real Estate Division has advised Premier Medical Group on the acquisition of D1 space in Watford.

Premier Medical Group, which has recently been acquired by the Capita Group, has taken a lease of 1,162 sq ft at Abbotts House, 198 Lower High Street, Watford. The space is required for use as a medical clinic, serving people in North London, Hertfordshire and the surrounding area.

A term of ten years was agreed with a rent review and unconditional break in year five. The passing rent was £17,500 pa with six months rent free.

Capita Symonds’ Real Estate Division has also been asked to assist Premier Medical in seeking suitable accommodation for additional clinics nationally.

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