Riverview Medical Centre, Johnstone


The purpose built medical centre which is located in Johnstone Town Centre, is well established with over 5000 NHS registered patients.    It will be continued to be operated by the existing practice under lease arrangement so there will be no change to the service.

The purchase price was £600,000, which reflected a yield of 6.44% after purchaser’s costs

Gary Walton, Director, who acted for the purchaser commented ‘we are delighted to have acquired this property on behalf of Thistle which will sit perfectly with their existing property portfolio.  We have a number of cash rich clients that are seeking similar type investments, and therefore if any agents or investors have any opportunities then please get in touch’.  

For further information on this transaction - contact Gary Walton Tel; 07554 009244.  Email gary.walton@waltonhpc.com