Description
The property comprises a single building situated on a site extending to approximately 0.359 acres.

Monkey Puzzle will occupy a detached single-storey brick building to the rear of the site which has a pitched slate tiled roof. The property benefits from 9 car parking spaces and also has a garden area to the rear.

Tenure
Freehold (Title No. BM247287 & BM247079) together with the long leasehold garden held on a 999-year lease. The three residential apartments on the site are to be sold off on 999 year leases at a peppercorn rent. These properties are available for purchase by separate negotiation.

Planning
The property benefits from a current permitted use under Class E. It is located within Flood Zone 3. It is not listed and does not fall within a conservation area. All further planning enquiries should be directed to Buckinghamshire County Council.

Tenancy
The property will be let by way of a new 25‑year lease, to be granted from 30th June 2026 at a passing rent of £108,333 per annum plus VAT, subject to a rent free period of 10 months which will be deducted from the purchase price. The tenant is Monkey Puzzle Day Nurseries Limited, with Monkey Puzzle Group Holdings Limited acting as guarantor. The lease is subject to five‑yearly upward‑only reviews, index‑linked to RPI, operating with an annual collar of 2% and cap of 4%.

Covenant
Monkey Puzzle is one of the UK’s largest childcare providers, operating over 70 nursery settings nationwide. With more than 20 years of experience in the early years sector, the organisation has developed a strong national presence and a highly recognisable brand in childcare provision.

The property is let to Monkey Puzzle Day Nurseries Ltd and is guaranteed by Monkey Puzzle Group Holdings Ltd, the parent company of the Monkey Puzzle network. The inclusion of the parent company guarantee significantly strengthens the covenant, providing long term security over the lease obligations.

The guarantor, Monkey Puzzle Group Holdings Ltd, has an INCANS® Global Score of 91, indicating a medium low risk profile, supported further by an equivalent bond rating of BBB+.

For the most recent financial year end (2025), the guarantor reported revenue of £14,735,855 and a net worth of £11,518,536, supported by a 10 year cumulative default probability of just 1.62%. These indicators highlight a solid financial base, consistent performance and resilience within the childcare sector.

Monkey Puzzle Group Holdings Ltd can therefore be considered a strong covenant, underpinned by national scale, robust financials and a proven operational platform.

More financial information is available upon request.

EPC
Unit 1 – B-44
Unit 2 – C-52
36 Dedmere Road – B-40.

The EPC will be provided to interested parties upon request.

Terms
Offers are invited in excess of £1,632,800 subject to contract and exclusive of VAT. This reflects a Net Initial Yield of 6.25% after allowing for the usual purchaser’s costs.

VAT
The property is elected for VAT but they investment is expected to be sold as a TOGC and will therefore be exempt from paying VAT.

Anti Money Laundering Regulations
Regulations require Savills to conduct various checks on purchasers and tenants. Further details are available upon request.

Viewings
For a formal viewing strictly by appointment with Savills.

Commercial Property in 36 Dedmere Road

Investment for sale - Monkey Puzzle, 36 Dedmere Road, Marlow, SL7 1PG