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Investment

Investment For Sale Lemmington Spa

PROPERTY ID: 146710

PROPERTY TYPE

Investment

STATUS

Available

SIZE

7,224 sq.ft

Key Features

Newly developed 110 place children’s day nursery investment
Pricing of £2,330,000 which reflects a net initial yield of 6.25% and a reversionary yield of 7.25% in 2030.
Share of freehold
Single let to Busy Bees Nurseries Ltd on a brand new 20 year lease

Property Details

The Building Itself Is Arranged Overground And Two Upper Floors With Fournursery Classrooms, A Kitchen, Staff Room, Parent Meeting Room, Wc & Laundry Facilities And Ancillary Storage Space. There Is An Internal Plant Room At Second Floor Level As Well As An External Plant Room. The Site Extends To Approximately 0.25 Acres. The Site Is Fully Fenced Providing A Safe And Secure Site For Children And Parents Alike. While Traditionally A Commercial Area, The Site Offers A Number Of Features That Make It Highly Suitable For A Nursery School Environment: • Secure Gated Access With Electric Barriers • Generous On-site Parking (16 Spaces), Ideal For Staff And Parent Use • Quiet Cul-de-sac Setting, Providing A Safe And Calm Environment For Children • Generous Outdoor Play Space (over 200 Sq M), Making It An Attractive Place For Parents To Send Their Children • Strong Demographics, With The Property Located In The Heart Of A Residential Area With Major New Build Housing Developments Under Construction Nearby

About the Agent

Investment Unit

£23,300,006 Freehold

Tancred Close, Lemmington Spa, CV31 3RZ
Investment - Available
7,224 sq ft
671 sqm
Show phone number

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