TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON15th July 2020
*UNDER OFFER* This investment premises comprises a detached, purpose-built children’s nursery with play area to the side and car parking for 13 vehicles opposite. The accommodation is arranged predominantly on the ground floor with additional staff, laundry and store facilities on the first floor within the roof space. The property is understood to have been constructed in the mid-1990s. It should be noted that some of the first floor accommodation has no natural light.
Lease Terms The premises are let on a standard institutional full repairing and insuring lease which runs until the 23rd June 2026 at a passing rent of £65,000 per annum. There is a review on the 29th September 2021. There is no break option.