NEW LONG-LET DAY NURSERY INVESTMENT OPPORTUNITY
Summary
- An opportunity to acquire a long-let children’s day nursery investment in the affluent cathedral city of Winchester.
- Four Chimneys comprises a freehold, two-storey building extending to 6,875 sq ft, set on a self-contained site with approximately 33 parking spaces.
- The tenant has invested circa £2m in a full refurbishment, delivering a high-quality nursery fit-out.
- The asset benefits from strong underlying site value, supported by affluent surrounding residential uses, offering future redevelopment or alternative use potential (STPP).
- The site is let to N Family Holdings Limited on a 25-year FRI lease within the Landlord and Tenant Act 1954, producing £199,000 per annum (£29 psf), with five-yearly upward-only RPI-linked reviews (1% collar / 3.5% cap, compounded).
- Provides secure, long-dated, inflation-linked income within the resilient UK childcare sector.
- The asset is held in a newly formed UK based SPV. Offers in excess of £3,100,000 (Three Million One Hundred Thousand Pounds) are invited for the corporate vehicle reflecting an attractive Net Initial Yield of 6.25% (assuming corporate purchasers costs of 2.8%).
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 3,401 | 315.96 | Available |
| Unit | 323 | 30.01 | Available |
| 1st | 3,132 | 290.97 | Available |
| Total | 6,856 | 636.94 |
Location
Four Chimneys is prominently situated within the historic cathedral city of Winchester, widely regarded as one of the South East’s most affluent and desirable residential and commercial centres. Renowned for its rich heritage, high-quality built environment and exceptional quality of life, Winchester continues to attract strong demand from both owner-occupiers and tenants.
The property occupies a highly accessible position approximately 1 mile north-west of the city centre and just 0.5 miles from Winchester railway station, which provides regular direct services to London Waterloo in approximately 60 minutes. The city also benefits from excellent road connectivity via the nearby M3 motorway, providing access to London, the M25 and the wider South East.
The city is further supported by a number of well-regarded educational institutions, including Winchester College and University of Winchester, reinforcing its appeal to families and professionals alike.
The immediate surroundings are predominantly residential in character, offering a quiet yet well-connected environment.
The property also benefits from close proximity to attractive open space, including the playing fields of Peter Symonds College, enhancing its appeal to occupiers seeking a balance of accessibility and amenity
Get directions from Google Maps
Mainline Stations
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Winchester9 mins
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Shawford70 mins
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Chandlers Ford133 mins
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Eastleigh142 mins
Underground Station
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Reading589 mins
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Twyford657 mins
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Maidenhead774 mins
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Taplow802 mins
Further Information
Price £3,100,000
Rates Payable Upon Enquiry
Description
Four Chimneys is a detached, two-storey freehold property providing high quality nursery accommodation on a self-contained site in the affluent cathedral city of Winchester. The building extends to approximately 6,875 sq ft NIA, alongside a 300 sq ft outbuilding, and benefits from 33 on-site car parking spaces.
The tenant has invested approximately £2m into a full refurbishment, resulting in a high-quality day nursery fit-out.
The asset is situated approximately 1 mile north-west of Winchester city centre within a well-established, affluent residential catchment, supporting strong demand for childcare provision.
In addition to its income profile, the property offers attractive underlying site value, supported by strong surrounding residential values, with potential for future redevelopment or alternative use, subject to planning.
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