Monkey Puzzle, 40 Victoria Way, Charlton, SE7

• Newly developed, Greater London, day nursery investment.

• Single let to Monkey Puzzle Day Nurseries Ltd for 25 years without break.

• Standalone building extending to 4,939 sq ft GIA over ground and first floors with a further c2,150 sq ft of outdoor play area and 4 demised car parking spaces.

• Monkey Puzzle are the UK’s third largest nursery chain with a portfolio of 65 properties. They have an Experian score of 98/100 giving them a ‘very low risk’ of business failure.

• Passing rent of £115,250 per annum.

• Five yearly index linked rent reviews to CPI with a collar and cap of 1%-3% per annum respectively.

• Virtual freehold interest for a term of 999 years at a peppercorn.

• Price: £1,808,000, this price reflects a net initial yield of 6.00%, after purchaser’s costs of 6.22%.