Property photos
Freehold
From
£5,000,000
(£114.78/sq. ft)
Property for sale
Thrive Children's Daycare Portfolio Investment, 72-75 Marylebone High Street, London W1UFrom 43,560 - 143,095 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- The St Marylebone CofE School 0.1 miles
- St Vincent's Catholic Primary School 0.2 miles
- Baker Street 0.2 miles
- Regent's Park 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Regent's Park, Marylebone and The Square Mile to find out more about the local area.
Features and description
- Freehold
Consists of eight of Thrive Childcare's Freehold (Heritable) Nursery Assets providing Care Inspectorate/ofsted capacity of 700 places
Tenant / Guarantor: Thrive Childcare and Education Limited (Reg No. SC192599) and Thrive Childcare and Education Group Limited (Reg No. SC304774). Thrive Childcare and Education, formerly Bertram Group, was founded in 2001 and is now the 11th largest provider of independent nurseries in Britain, with a total of 48 nurseries providing 4,054 places according to Nursery World 2024 groups league table.
New 25-year Fri leases, effective upon completion. 5 yearly Rent Reviews. Cpi rent review: Cap at 4%, collar at 2%. Scotland and North West England portfolio locations, including Aberdeen, Dundee, Glasgow and Greater Manchester. Proposed Annual Rent £396,795 per annum.
Thrive has been backed by Apiary Capital since February 2019 following a 'buy and build' strategy. After a period focusing on integrating acquisitions and organic growth, the company expects to resume selective M&A activity to grow the portfolio which may
lead to more freehold opportunities in the future.
Tenant / Guarantor: Thrive Childcare and Education Limited (Reg No. SC192599) and Thrive Childcare and Education Group Limited (Reg No. SC304774). Thrive Childcare and Education, formerly Bertram Group, was founded in 2001 and is now the 11th largest provider of independent nurseries in Britain, with a total of 48 nurseries providing 4,054 places according to Nursery World 2024 groups league table.
New 25-year Fri leases, effective upon completion. 5 yearly Rent Reviews. Cpi rent review: Cap at 4%, collar at 2%. Scotland and North West England portfolio locations, including Aberdeen, Dundee, Glasgow and Greater Manchester. Proposed Annual Rent £396,795 per annum.
Thrive has been backed by Apiary Capital since February 2019 following a 'buy and build' strategy. After a period focusing on integrating acquisitions and organic growth, the company expects to resume selective M&A activity to grow the portfolio which may
lead to more freehold opportunities in the future.
More information
Listed by
Graham + Sibbald
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