Day nursery rent reviews can involve specialist accommodation where conventional office or retail evidence requires careful interpretation.
Internal accommodation
Classroom/play areas, kitchens, offices, circulation and ancillary areas need to be considered alongside the overall suitability of the building.
External play space
Gardens and external areas can be important operationally but should not automatically be valued at the same rate as internal accommodation.
Capacity and regulation
Property configuration, external space and operational capacity can influence occupier demand. The lease assumptions and permitted use remain central to the rent review exercise.
Comparable evidence
Nursery transactions may be less plentiful than mainstream office or retail evidence, making careful analysis of location, size and property characteristics particularly important.