Investment for sale London SE15 4BE,3424sq ft

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Investment

Investment For Sale London

PROPERTY ID: 144168

PROPERTY TYPE

Investment

STATUS

Available

SIZE

3,424 sq.ft

Key Features

Freehold Nursery & Residential Ground Rent Investment

Freehold ground floor nursery premises of 3,424 sq. ft GIA with 11 residential flats above sold off on individual long leasehold interests. The commercial unit has use of 4 private car parking spaces

Nursery premises occupied by Sunhill Day Nursery which forms part of The Old Station Nursery Group, who have 78 nurseries across England and a £55m turnover, and represent an attractive covenant strength

Let to Sunhill Daycare (Europe) Limited on a 15-year term expiring 13th November 2034, subject to a mutual break option at 3rd November 2029 at a passing rent of £87,000 per annum reflecting £25.41 per sq. ft based on the GIA, subject to review in November 2029 in line with RPI (uncapped)

Property Details

Robert Court Is A Part 3 Part 4-storey Mixed-use Block Constructed In 2008 (planning Application 04/ap/1283) Comprising A Self-contained Commercial Unit At Ground Floor Level And 11 Flats Over The Upper Floors Accessed Via A Separate Residential Entrance. There Is Also A Small Rear Car Park Accessed Via An Undercroft Driveway At One End Of The Block.

The Commercial Unit Is Fitted Out And Occupied In Nursery Use Benefiting From Extensive And Active Frontage Along Sternhall Lane. The Premises Offers Flexible And Versatile Accommodation With Five Separate Double Access Doors Into The Unit From The Street Allowing For Ease Of Future Sub-division If Ever Required.

The Premises Is Fitted With A Range Of Classroom And Soft Play Areas Through The Space, With Two Fitted And Partitioned Kitchen Areas And Fitted Wcs (6 Cubicles) For Children And A Further Staff Wc.

There Are 4 Car Parking Spaces Demised To The Commercial Unit, With The Balance Demised To The Flats.

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About the Agent

Strettons

See Agent's Other Properties

Investment Unit

£1,050,000 Freehold

Sternhall Lane, London, SE15 4BE

Investment - Available
3,424 sq ft
318 sqm

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