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Day Care Nursery, Edward Parry Centre, Coventry Street, Kidderminster DY10 2BP

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Aug 2022

AP Investment has sold a day nursery on the edge of Kidderminster town centre for a private client.


The former day care centre has been used as a children’s day nursery since 2012. The property is let to Kenmare Estates Ltd until October 2032. The property is sub let to Mishi Nurseries until 2026.


The passing rent is £73,507 per annum.


The sale price of £1,060,000 reflected a net initial yield of 6.55%.


The investment was acquired by a private client of BHT.


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