Property description

INVESTMENT PROPERTY FOR SALE
THE SHUTTERS VILLAGE PRIVATE DAY NURSERY
PHOENIX STREET ROCHDALE OL12 7DW
(Existing Nursery Business not affected)

* Established residential area next to new Bellway residential development - Scholars Gate
* Modern single storey detached purpose built Nursery
* Rental income £23,100 per annum exclusive of rates

The Nursery is situated in the popular established residential area of Meanwood, on Phoenix Street off Ings Lane, next to the new Bellway Development of Scholars Gate.



GENERAL DESCRIPTION

The property comprises a modern detached single storey purpose built Nursery, with hard surfaced play and grass areas.

We are advised the Nursery has registration for 54 children (potential purchasers must confirm this with the tenant).

The Nursery is arranged with a main reception, admin office, office/store, two baby/sleep rooms, playroom, kitchen, utility room, disabled wc and staff wc and children’s wc’s, store, together with external lean-to shuttered store and hard surfaced play and grassed areas.

The gross internal area amounts to approximately 274 sq metres (2949 sq ft) together with a shuttered external rear store of approximately 25.2 sq metres (271 sq ft).

TENANCY

The tenant is currently holding over from a previous lease at a current rent of £23,100 per annum exclusive.

We are advised that the tenant has indicated their desire to renew the lease and the Landlord has issued a renewal lease.






VAT

We are advised that there has been no election for VAT. This must be confirmed by potential purchaser’s solicitors enquiries.

ENERGY PERFORMANCE CERTIFICATE

An Energy Performance Certificate is available upon request.

PRICE

£250,000 with the benefit of an annual income of £23,100 exclusive

SUBJECT TO CONTRACT

The property is offered Subject to Contract/Lease