Childrens Day Nurseries for sale in Surrey

View the "Highly Successful Childrens Nursery in Surrey" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Asking price: £20,000 Under Offer Annual Turnover: £134,957 Annual Net Profit: £46,135
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Business Description
• ‘Outstanding’ Ofsted-rated children’s nursery, registered for 30 places
• Very affluent residential area in the Surrey commuter belt
• Established since 1993. Truly enviable reputation.
• Operates on a term-time basis – Packaway nursery
• High occupancy and waiting list for places
• Fee Income £134,957 pa (2017), generating EBITDA of £46,135 pa
• Best suited for an owner/manager
• Retirement sale. Viewing highly recommended.

This is a confidential sale and interested parties will be required to complete an NDA before further details can be released.

Years Established:
25 years
Tenure Information:
We are advised annual occupational agreement with an inclusive hourly rate for the times the nursery is open. The agreement is granted outside of the security of tenure provisions of the 1954 Landlord & Tenant Act, however the council have confirmed that a new 3 year occupational agreement (with 2 year break clause) will be granted to the purchaser.

The current passing rent is £12,000 p.a., index linked to RPI. Rent is fully inclusive of rates, water, light, heating and maintenance.

Listed by: Merrill Hays

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