Acting on behalf of Taylor Wimpey & Countryside, Clifton Agency has completed an off market sale of the Millennium Minis Nursery in Greenwich. The property forms part of the wider Greenwich Millennium Village estate - a new residential scheme spanning 72 acres and providing 2,800 homes.
The RPI indexed linked, Greater London investment is single let to the well established Millennium Minis nursery with a remaining lease term of 6.4 years and an income of £57,766.60 per annum. The sale provided some 3,360 sq ft across ground and first floors, along with 11 nearby car parking spaces.
Jacob Ziff commented:
“We are delighted to work with Countryside again to sell this attractive nursery investment. To achieve this off market disposal in the current economic environment was a terrific result and shows that nurseries remain a popular and sought after asset class."
Clifton Agency advised the vendor alongside Hindwoods (Greenwich Office). Our friends at GCW advised the purchaser.
For further information on this transaction, or to discuss any nursery requirements you may have, please contact the investment team at Clifton Agency.
Comments