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BUSY BEES - allsop.co.uk

216 SPRINGFIELD ROAD, CM2 6 BNCHELMSFORDBUSY BEESPRIME LONG LET DAY NURSERY INVESTMENT OPPORTUNITY WITH OVER YEARS UNEXPIRED SUBJECT TO FIVE YEARLY FIXED RENTAL UPLIFTS OF COMPOUNDEDPRIME LONG LET DAY NURSERY INVESTMENT OPPORTUNITY WITH OVER YEARS UNEXPIRED SUBJECT TO FIVE YEARLY FIXED RENTAL UPLIFTS OF COMPOUNDEDINVESTMENT CONSIDERATIONS Well located in the affluent south east City of chelmsford Comprehensively redeveloped in 2016 to provide a 6,060 sq ft nursery with large outdoor play area and 10 car parking spaces Let to the Dun and Bradstreet rated 5A1 covenant of Busy Bees Nurseries Limited Long unexpired lease term of years (no breaks) Passing rent of 132,000 per annum reflecting psf 5 yearly fixed rental increases of compounded acre site with low site coverage of approximately 22% FreeholdWe are instructed to seek offers in excess of 2,475,000 (Two Million Four Hundred And Seventy Five Thousand Pounds), subject to contract and exclusive of VAT.

216 springfield road, cm2 6bn chelmsford. busy bees. prime long let day nursery investment opportunity with over 23.7 years unexpired subject to five yearly fixed rental uplifts of 2.5% p.a. compounded

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