Virtual Freehold Childrens Nursery Investment
Virtual Freehold Childrens Nursery Investment
The property is prominently situated on the fringe of a busy industrial estate and immediately north of a dense housing estate close to the busy junction of the A725 and A721.
Virtual Freehold. Virtual Freehold. Held from North Lanarkshire Council for a term of 999 years from 18th November 1998.
The property is prominently situated on the fringe of a busy industrial estate and immediately north of a dense housing estate close to the busy junction of the A725 and A721.
Virtual Freehold. Virtual Freehold. Held from North Lanarkshire Council for a term of 999 years from 18th November 1998.
The property comprises a modern single storey nursery building benefiting from a traditional fit-out as a Montessori nursery. The property also benefits from a car park accommodating some 11 cars and from an external childrens play area.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a modern single storey nursery building benefiting from a traditional fit-out as a Montessori nursery. The property also benefits from a car park accommodating some 11 cars and from an external childrens play area.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground |
Nursery | 278.71 sq m |
(3,000 sq ft) |
INDIVIDUAL sublet toAlphabet Village Limited | 15 years from 23rd July 2011 until 2026 |
£38,000 (1) |
23rd July 2016 |
| Totals | 278.71 sq m |
(3,000 sq ft) |
£38,000 | ||||
1) The current rent reserved of £38,000 was agreed at the 2011 rent review.
(2) The floor area above is as stated in the lease.
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