Commercial Property for sale

Nursery in South London

£60,000

Property Description

Key features

  • Leasehold Nursery For Sale
  • Premium : 60,000
  • Registered: 25 places
  • High Street Location
  • Outdoor & Covered Playing Area
  • Rent: 12,000pa
  • Rates: Unknown
  • Lease: Expiring 2023
  • Rent Review: 5 Yearly
  • Established for more than 3 years

Full description

Tenure: Leasehold

ORE are delighted to offer this Day Nursery for sale located within a densely populated residential area of South London and within short distance of major transport links including an Over ground railway station. This D1 premises has been established in this area for over 3 years.

This nursery provides a fantastic opportunity to purchase a D1 premises which is currently set up for a day care business.


ORE are delighted to offer this Day Nursery for sale located within a densely populated residential area of South London and within short distance of major transport links including an Over ground railway station. This D1 premises has been established in this area for over 3 years.

This nursery provides a fantastic opportunity to purchase a D1 premises which is currently set up for a day care business.

Registered Numbers
This D1 premises has catered for 25 children which includes children aged 6 months – 2 years and pre-school (3-5 years)..

Property & Business
The premises is in a high street retail unit which is located within minutes walk from an overground station. The nursery operates on the ground floor and has an outdoor play area with a covered space and is equipped with faux grass.

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

The ground floor reception area leads to an approx secure 31sqm main play area which is designated for pre-school years and equipped with toys, learning aids and furniture and access to the garden play area via a secure door from the main room. This floor further benefits from a 7sqm area for under 2s, main office and kitchen along with child and adult toilet facilities.

The outdoor environment includes a small, fenced faux grass area with covered area, sheds to store outdoor playing equipment.

Accommodation
There is no residential accommodation associated with this nursery.

Lease Terms & Tenure
This leasehold business benefits from a ten year lease which commenced in 2013 for a 10 year term. The annual rent is £12,000 exclusive with 5-yearly rent reviews.

ORE have been advised that no rates are payable, however interested parties are encouraged to make their own enquiries.

Premium
A premium of £60,000 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

Nearest stations

  • Malden Manor (0.1 mi)
  • Worcester Park (0.8 mi)
  • Tolworth (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oakville Real Estate, Commercial

217 High Street North, London, E6 1JG

020 8012 4160 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Malden Manor (0.1 mi)
  • Worcester Park (0.8 mi)
  • Tolworth (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oakville Real Estate, Commercial

217 High Street North, London, E6 1JG

020 8012 4160 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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