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.