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Property for sale

D1 Premises in South London


Property Description

Key features

  • Leasehold D1 Premises
  • Price : 100,000 premium or near offer
  • Previous Registered: 26 places
  • Rent: 13000pa
  • Lease Length: 8 years remaining
  • Extention plans under review - Lots of potenials
  • Detached Building
  • Dedicated outdoor play area
  • Adjacent to local park for further outdoor play
  • Priced for a quick sale

Full description

Tenure: Leasehold

ORE are delighted to offer this Child Day Nursery for sale located within a densely populated residential area of South East London and within short distance of major transport links including an over ground railway station. Although closed presently, this established nursery has benefited from strong community ties, and operated in non-domestic premises with child care facilities running from the grounds of the Cooper Road Estate off Old Kent Road, located behind Fire Station.

Furthermore local Council are willing to grant permission tor a extension to the side of the property, which would enhances the potential for the business growth.

These premises are being offered on 8 years remaining of a 10 years Lease with Local Council, Rent Review 5 yearly, passing Rent is £13,000pa.

Please note it is discrete sale and all appointments to view must be arranged through Oakville Real Estates.

Registered Numbers
This nursery is historically registered for 26 children which includes children aged 6 months – 2 years and pre-school.

Property & Business
The Nursery is in a non-domestic building which benefits from exclusive use, and is surrounded by residential properties. The nursery operates over a single storey and boasts a dedicated outdoor space which includes playing structures and activity areas.

The general outlay of the premises is inviting and colourful which provides ideal environment for a happy and productive nursery.

There are three main play areas, kitchen, staff and children WC. The business is equipped with toys, learning aids and furniture.

The outdoor environment includes a play area with storage and activity area. For more strenuous activities, the nursery benefits from very close proximity to a local park which boasts slides, swings and other playground equipment.

There is no residential accommodation associated with this nursery.

Lease Terms & Tenure
This leasehold business is held on a 10 years lease which commenced in 2014. The annual rent is £13,000 per annum

A premium of £100,000 is sought for the leasehold interest, and fixtures and fittings.

Legal Costs
Ingoing tenant to pay reasonable Landlords’ legal costs.

Viewings Arrangements
Viewings highly recommended. If you are interested in viewing this property please contact your agent at ORE on 02084729090.

More information from this agent

Listing History

Added on Rightmove:
26 August 2016

Map & Street View

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