Clients of ours have recently completed the acquisition, via a traditional forward funding, of a children’s nursery situated adjacent to a recently completed 97 bed Travelodge Hotel and a Costa Drive Thru in Emersons Green to the north of Bristol city centre.

The property, which extends to 5,920 sq ft with 23 car spaces, is let to Kenmare Estates Ltd, with a guarantee from Midcounties Co-operative Ltd on a new 25 year lease without break. The developer, Hinton Group, was represented by Atlas Real Estate in the transaction.