Residential developer, Fairview New Homes
, has recently completed on the build of two nurseries at their developments in Charlton and Park Royal. Fairview’s residential-led schemes comprise 330 homes at Synergy in Charlton, South East London, and 807 homes at Regency Heights in Park Royal, West London. Both of these developments include high-quality purpose-built nursery settings with dedicated outdoor play space.
The sites were brought to market through Christie & Co and, after two very competitive bidding processes, the leases have now been granted to Monkey Puzzle Day Nurseries
in Charlton and Cranbrook Nursery
in Park Royal.
Sophie Willcox, Director at Christie & Co who handled the lettings, comments, “I am delighted to have found tenants for these two brilliants sites and am sure that they will go on to be very successful. We were inundated with interest for both opportunities and were in receipt of multiple bids for both.
“As the number of new build housing developments increases around the UK, it’s not uncommon to see purpose-built nursery settings such as these come to the market. With further flexibility around working conditions, I expect close-to-home settings such as these, as opposed to nurseries closer to office spaces, to become more popular with parents in the region.”
The two nursery settings were let on 25-year occupational leases for undisclosed amounts.
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