Childrens Day Nurseries for sale in Bedfordshire

View the "CHILDREN’S DAY NURSERY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Asking price: £325,000 Price Reduced
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Business Description
CCHILDREN’S DAY NURSERY – BEDFORDSHIRE

OFSTED number of places 79. Established in 2004, the nursery operates from modular nursery building centrally heated and double glazed. The setting has it own kitchen and laundry facilities and is spacious and well equipped providing approximately 411 sq meters of accommodation. The building is from ‘Portakabin’ Lilliput range of specialist of Nursery buildings. The building (freehold) stands on a large plot of land within the school grounds; subject of a lease with a ground rent of £14,500 per annum. ACCOUNTS (FYE December) sales for 2015 were £218,349, sales for 2014 were £357,641 and sales for 2013 were £399,460. Sales for FYE December 2016 are on target to achieve c£265,000. Briefly, the dip in fee income resulted from poor management which was reflected in the OFSTED report (September 2014). The owners addressed the issues and appointed a new manager resulting in the nursery achieving a ‘Good’ at the follow up inspection in March 2015. The nursery is now showing recovering occupancy levels and revenue flows. EPC rating D Price: £325,000
Listed by: Ashley Tate
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