Children's nursery investment let on a 25 year lease at £77,003 p.a. with approx. 20 years unexpired. No breaks and RPI linked rent reviews every 5th year.
The property is a mid terrace Grade II listed building comprising of ground, 1st and mezzanine floor; the property has a rear yard which has been created into the children's play area and has rear access from Calthorpe Car park lying to the east. The current tenant is Child 1st Nurseries Ltd which is part of the Bright Star Nursery Group Limited (Oakley Capital majority stake owner) Bright Stars is one of the largest nursery operators in the UK, serving circa 9,000 children at 76 nurseries across England.