Investment let at £77,003 p.a. (7.33% GIY on guide)
Let on a 25 year FR&I lease from 2019 (an approx. 20 years unexpired)
No tenant break options
RPI linked rent reviews every 5th year
Child 1st Nurseries have been located in the property since 2004 , the business was sold in 2019 by the founders and is now part of Bright Stars Nursery Group with 76 nurseries across the UK. Holding company for the tenant is Oakley Capital 3a1 Covenant strength