Banana Moon Nursery, Greenwich, Greater London

 

Units C5 & C6, 2 Wharf Street, London, SE8 3FZ

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Other
  • Tenure: Virtual Freehold
  • Gross Rent: £37,500
  • Lease Term: 14 years from Nov '16
  • VAT applicable?: Y

Property Description

  • Virtual Freehold Nursery Investment
  • The property is arranged on ground floor only and has been fitted out by the tenant to provide a children’s day nursery.
  • The ground floor measures 1,798 sq.ft.
  • The property forms part of a larger building, which does not comprise part of this ownership.

Location Description

  • The property forms part of the Paynes & Borthwick Development, which is located on the south bank of the River Thames.
  • Greenwich is a mile to the east where there is the DLR and Greenwich Rail Station.
  • Deptford Station is 1⁄2 mile to the south, whilst Surrey Quays is 11⁄2 miles north-west.
  • The property is located on the north side of Borthwick Street, close to its junction with Wharf, opposite Twinkle Park and Invicta Primary School.
  • Neighbouring occupiers include high spec. apartments, office/studio space, restaurants, retail and community uses.

Additional Notes

  • Let to Kiddies Palace Childcare Ltd (with directors' guarantees) for a term of 14 years from November 2016 FR&I for £37,500 p.a.
  • The tenant is a franchisee of Banana Moon nurseries
  • The lease contains a mutual option to break at the tenth year
  • Rent deposit of £22,500 is held.

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