11 Oaklands Road, NW2
7,520 sq. ft.
A brand-new Busy Bees Nursery investment located in a vibrant North-West London suburb.
This detached former warehouse building has been pre-let to the strong Busy Bees Nurseries Limited covenant for a term of 25-years, with practical completion anticipated in June 2025.
Key Investment Details:
– Freehold
– Pre-let to Busy Bees Nurseries Limited on a brand new 25-year FRI lease
– Rent of £195,830 per annum
– 5-yearly CPI linked rent reviews (1% – 4% Collar & Cap, annually compounded)
– Practical Completion expected June 2025
– No VAT
Offers are invited in excess of £3,065,000 for the freehold interest, reflecting a 6% NIY, assuming standard purchaser costs.
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