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Drake Commercial have agreed a deal with Bright Horizons to take 24 School Street in Rugby.

The letting will transform a ‘tired’ workshop property that has also been used as a gym in recent years. Bright Horizons are already underway with a comprehensive refurbishment that will transform the property and wider site into a modern children’s nursery serving the local area. The facility is expected to be open and operational by May 2017.

Rapidly expanding Bright Horizons, is a New York listed company with a market capitalisation of 4 billion US dollars and are a market leading provider of employment sponsored child care. 

Tony Drake of Drake Commercial acted for the owner, a private investor in putting together the overall deal.