The Village School, Belsize Park Deal
An off market 30-year sale and leaseback of The Village School
Client
The Village School
Price
£6.5m
Net yield
4.32%
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The property comprised a 10,389 sq ft end terrace school situated within a high value residential area of London. Chatsworth Schools Limited were taking a new 30 year lease back with 5 yearly RPI rent reviews, compounded annually with a 1% - 4% collar and cap. The initial passing rent was £300,000 per annum reflecting a blended rent of £28.88 per sq ft.
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