A retail unit of 2,400 sq ft in a district shopping centre at Winklebury has been let to a private Daycare nursery operator.
Number 58-59 Watson Way has received a change of planning from its previous A1 retail use, to D1 Day Nursery use, and is now being leased by MonkeyMoos Daycare Ltd.
The tenant had been keen to secure suitable premises for some time and agreed the lease from BDT’s client, Sentinel Housing Association. A new 10 year term was created with a break point or rent review at the 5th year, at a rent of £22,000 per annum, reflecting just over £9.00 per sq ft.
Sentinel have previously used the retail premises as a “home support” branch, but staff had been redistributed within their main office following a comprehensive refurbishment, paving the way for the new letting.
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Contact for further information:
bdt incorporating Woodford & Company
Telephone: 01256 840 777
4th October 2016