Regency Heights, Park Royal London NW10
Newly developed, London, day nursery investment.
Single let to Cranbrook Day Nurseries Ltd for 25 years without break.
Standalone building totalling 3,961 sq ft GIA arranged over ground floor with a further c2,000 sq ft of outdoor play area and 2 car parking spaces.
Passing rent of £120,000 per annum.
Five yearly index linked reviews to CPI with a collar and cap of 2%-4% respectively.
Virtual freehold interest for a term of 995 years at a peppercorn.