Freehold Nursery Investment, Millbrook House, 114 Mill Street, West Malling, ME19 6BU
£279.19 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,910 sq ft
549 sq m
- SECTOR
Leisure facility for sale
Key features
- An opportunity to acquire a long-let freehold children’s day nursery investment situated in the affluent Kent village of East Malling.
- Millbrook House is a standalone two-storey property extending to approximately 5,910 sq ft (NIA) / 6,857 sq ft (GIA) on a 0.38-acre self-contained site, with extensive on-site parking for 35+ cars.
- The property also benefits from valuable underlying site value, underpinned by strong surrounding residential values within this established and affluent location, offering potential for future
- The property is let to Monkey Puzzle Day Nurseries Limited on a new 25-year FRI lease from 2025, producing £109,500 per annum, (reflecting a low passing rent of £18 psf) with five-yearly upward-only
- The structure provides secure, long-dated, inflation-protected income within the resilient UK childcare sector.
Description
Millbrook House is a standalone two-storey freehold building providing nursery accommodation on a self-contained site of approximately 0.38 acres, extending to around 5,910 sq ft NIA (6,857 sq ft GIA), with 35+ on-site car parking spaces, air conditioning, suspended ceilings, LED lighting, gas central heating and shower facilities, and with tenant consent in place to carry out internal configuration works to suit nursery use.
The property also benefits from valuable underlying site value, underpinned by strong surrounding residential values within this established and affluent location, with the site considered prime for future redevelopment, providing investors with secure income alongside long-term land and alternative use potential (subject to planning).
Location
Millbrook House is located within the attractive and established residential village of East Malling, approximately 1.2 miles east of West Malling.
The property sits opposite the Grade II Listed former Weir Mill and is surrounded by established housing, providing a strong family catchment consistent with the Monkey Puzzle operational model.
Brochures
Freehold Nursery Investment, Millbrook House, 114 Mill Street, West Malling, ME19 6BU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- East Malling Station0.3 miles
- West Malling Station0.7 miles
- Aylesford Station1.6 miles
Notes
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