St Stephen's Studio (Little Learners Day Nursery)

• Operating as Little Learners Day Nursery
• 2,028 sq ft building with 2 on site parking
spaces
• Let for a further 9 years
• Current rent – £39,648.50 per annum
• Freehold

• The property is well situated on St Stephen’s Lane opposite St Stephen’s Church and adjacent to St Stephen’s Community Centre.
• Elizabeth College Junior School and The Ladies College are a short walk away.
• King’s Premier Health Club, Les Roquettes Hotel, Waitrose and St Pierre Park are also within easy reach.
• An ideal location for a Day Nursery.
• The amenities of the town centre are less than one mile away.

• Original granite construction under a tiled pitched roof
• Single storey extension with a flat roof
• Two large dedicated playrooms
• Enclosed garden area to the rear
• Office / Storage area at 1st floor level
• Kitchen and WC’s
• On site parking for 2 cars

Current rent – £39,648.50 per annum

The rent is reviewed in line with GRPI in years 3 and 9. In year 6, it is reviewed to GRPI or market rental whichever the greater.

Little Learners Day Nursery is a successful family run business which has been established since 2011. It has an excellent reputation and is
over-subscribed.

Held Freehold.
• Seeking offers in excess of £600,000 (Six Hundred Thousand Pounds) reflecting a Net Initial Yield of 6.35% after allowing for purchasers costs.
• Each party to be responsible for their own costs in the transaction.

Contact & Further Information

Alex Titheridge
T: 01481 728 559
M: 07839 189680
E: alex@rockcommercial.co.uk

Peter Van de Velde
T: 01481 728 559
M: 07781 127 210
E: peter@rockcommercial.co.uk