DescriptionAn opportunity to acquire a long-term leasehold interest in a substantial detached property located at 19 Priory Road, Noak Hill, Havering, RM3 9AP, suitable for development as a children's day nursery, subject to obtaining the necessary planning consents and regulatory approvals. The property has undergone extensive structural redevelopment and is currently presented as an empty shell, providing an incoming operator with the ability to design and fit out the accommodation to their own operational specification.
The property extends to approximately 430 square metres arranged over three floors and benefits from a sizeable outdoor area, detached outbuilding, garage and additional external space. Significant structural works have already been completed, creating a substantial building with the scale and flexibility required for nursery use.
LocationThe property is situated at 19 Priory Road, Noak Hill, Havering, RM3 9AP, within the North East London suburb of Noak Hill, close to Harold Hill and Romford.
The location is predominantly residential in nature and benefits from established community infrastructure. During discussions regarding potential nursery use, it was noted that a neighbouring care home already operates within the vicinity, demonstrating the presence of existing community-use facilities in the area.
Internal DetailsThe property extends to approximately 430 sq m of accommodation arranged across three floors. The internal accommodation has been fully stripped back and currently presents as a shell, allowing complete flexibility over the future internal configuration.
The building includes a substantial double-storey extension and a large open-plan loft conversion which provides additional usable accommodation. Significant structural works including underpinning, structural steelwork and a complete new roof have been undertaken as part of the redevelopment programme.
External DetailsExternally, the property occupies a substantial and secure plot benefitting from secure perimeter fencing and gated access. The site includes a generous garden and outdoor play area together with additional external space to the front of the property.
A detached outbuilding measuring approximately 6m x 10m is located within the grounds and may provide a range of ancillary operational uses. The property also benefits from a garage which could potentially be utilised as utility or service accommodation.
Extensive external redevelopment works have been completed, including new facing brickwork.
The OpportunityThis represents a rare opportunity for an established childcare operator to secure a purpose-adaptable building on a long-term lease basis and create a bespoke nursery operation tailored to their individual brand, curriculum and operational requirements.
With the building already structurally developed but remaining unfinished internally, an incoming tenant can implement a fit-out programme designed specifically around nursery requirements, including classrooms, staff facilities, kitchen provision, children's washrooms and associated operational areas, subject to planning and regulatory consent.
*IMAGES USED ARE CGI.
Planning PermissionsProspective purchasers should be aware that the property does not currently benefit from planning consent for nursery use. Any change of use and nursery operation will be subject to obtaining the necessary planning permissions and statutory consents.
Investment Summary- Long-term lease opportunity for an established nursery operator.
- Located at 19 Priory Road, Noak Hill, Havering, RM3 9AP.
- Approximate gross internal area of 430 sq m arranged over three floors.
- Extensive structural redevelopment already completed.
- Presented as a shell, allowing complete fit-out flexibility.
- Large garden and external play space.
- Detached outbuilding measuring approximately 60 sq m.
- Garage and ancillary external areas included.
- Landlord seeking a lease term of approximately 20-25 years.
- Nursery use subject to obtaining the necessary planning and regulatory approvals.
TenureThe property is available by way of a new long-term lease. The landlord is seeking lease terms in the region of 20 to 25 years and is open to discussions regarding the lease structure and commercial terms to reflect the fit-out investment required by the incoming operator.
It is anticipated that occupiers will seek a Full Repairing and Insuring lease structure, with rent review provisions to be agreed between the parties.