National Investments have completed on the sale of Busy Bees Nursery, Reigate on behalf of Pace Investments.
The freehold Grade II listed building comprises 6,554 sq ft and is let to Leapfrog Day Nurseries (Trading) Ltd until 2036 off the topped-up rent of £152,916 pa.
The property was sold to Chancerygate Asset Management for £1,975,000 equating to a NIY of 7.32%.
Allsop is an independent property consultancy with a market-leading reputation for high quality service, integrity and innovation. We are also well known as the UK’s largest and most successful auction house. Our success is built on over 100 years’ experience in commercial and residential property consultancy and sales.
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180 lots sold representing a success rate of 78%. Next residential auction 22nd & 23rd October.