ME19 Millbrook House, 114 Mill Street, East Malling

Millbrook House is a standalone two-storey freehold building providing nursery accommodation on a self-contained site of approximately 0.38 acres, extending to around 5,910 sq ft NIA (6,857 sq ft GIA), with 35+ on-site car parking spaces, air conditioning, suspended ceilings, LED lighting, gas central heating and shower facilities, and with tenant consent in place to carry out internal configuration works to suit nursery use.

The property also benefits from valuable underlying site value, underpinned by strong surrounding residential values within this established and affluent location, with the site considered prime for future redevelopment, providing investors with secure income alongside long-term land and alternative use potential (subject to planning).

The property is let to Monkey Puzzle Day Nurseries Limited on a new 25-year FRI lease from 2025, producing £109,500 per annum, (reflecting a low passing rent of £18 psf) with five-yearly upward-only RPI-linked reviews (2% collar / 4% cap, compounded). The lease benefits from a corporate guarantee from Monkey Puzzle Group Holdings Limited and security of tenure under the Landlord & Tenant Act 1954.

The structure provides secure, long-dated, inflation-protected income within the resilient UK childcare sector.

Millbrook House is located within the attractive and established residential village of East Malling, approximately 1.2 miles east of West Malling.

The property sits opposite the Grade II Listed former Weir Mill and is surrounded by established housing, providing a strong family catchment consistent with the Monkey Puzzle operational model.