This nursery provides a fantastic opportunity to purchase an established nursery business, and within the hands of an experienced management team, can increase profits further with minimal capital outlay.
This nursery is registered for 26 children which includes children aged 0 to 5 years. Additional services include after-school club.
The premises are located within a densely populated area and are surrounded by more than 80 primary schools within a 2 mile radius. Local transport includes an overground station and other active public transport links.
The Nursery trades from a detached non-domestic premises which benefits from dedicated parking spaces. The nursery operates over a single storey and has dedicated adventure outdoor space which is fitted with soft-surface material, woodland, and other facilities for outdoor learning. A public park is Immediately adjacent to the premises which can be used for more strenuous play.
The general outlay of the premises is inviting and colourful which provides an ideal environment for a happy and productive nursery.
The ground floor reception area is fully secured and leads to the main play area which is designated for pre-school years and equipped with toys, learning aids, furniture and access to the play area. This area further benefits from a kitchenette along with child toilet facilities. Staff facilities are located within the communal area of the premises.
The outdoor environment includes a fenced wooded area with a shed to store outdoor playing equipment.
The nursery’s current turnover y/e 2013 is in excess of £200,000 (Current records and accounts can be inspected when viewing the business).
Fee rates are as follows: under 2's are £240 per week and over 2's are £200 per week full-time.
The business is led by the owner along with 4 full-time members of staff who hold relevant qualifications along with 3 apprentices.
There is no residential accommodation associated with this nursery.
Lease Terms & Tenure
ORE have been advised that the premises are held on a 5 year lease which commenced in 2013 with a passing rent of £10,200 per annum.
A premium of £350,000 is sought for the leasehold interest, fixtures and fittings and business goodwill.
Ingoing tenant to pay reasonable Landlords’ legal costs.
Viewings highly recommended. If you are interested in viewing this property please contact your agent at ORE on 02084729090.
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