Childrens Day Nurseries for sale in Purfleet

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £32,000 Sale Agreed Annual Turnover: £50,000
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Business Description
Trading Since April 2018
Projected Annual Turnover £50,000
Registered For 30 Places
Potential To Increase To 55 Places
Low Rent & Rates
Scope To Introduce Out Of School Club
Very Little Local Competition
Ran With Management In Place
Car Park For 10 Vehicles
Close to Lakeside Retail Park & Intu Lakeside

REF 6391 – Leasehold Children’s Day Nursery

Blacks Brokers are pleased to bring to the market this leasehold children’s day nursery located within a popular and much sought after area of Purfleet, Essex.

INTRODUCTION

A Stars Nursery School was established in 2013. Our client took ownership in 2017 when the business had been temporarily closed for nine months. In March 2018 the nursery was re-launched and has since been gaining momentum. There is little local competition and our client is rebuilding the reputation of the nursery after the previous closure. Our client has recently began to establish a social media presence and there is much scope to introduce a website.

LOCATION

Located on London Road in Purfleet, Essex – the business is within the Thames Gateway redevelopment area. There are plenty of residential properties in the immediate area however, commercially the area is well populated with many other local businesses close by in addition to large multiples trading within Lakeside Retail Park. Purfleet is well linked by the A13, A282 and M25, public transport links are excellent with Purfleet Station within walking distance and the business has a car park for up to ten vehicles immediately outside.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator, however the business is currently ran under management due to our client’s ongoing training to qualify in this business sector and therefore, the business is offered for sale. It presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a rolling lease running at a combined cost of only £138 per week.

BUILDING LAYOUT AND DESIGN

A Stars Nursery School operates from one half of a single storey, detached Baptist Church. The nursery is positioned on the left hand side of the building with the chapel to the right. Inside, the nursery comprises of one single large nursery room which is filled with age appropriate toys and equipment. To the rear are both children and staff toilet facilities, a kitchen and store room. To the front of the building there is a secure outdoor play area, to the right is a car park for up to ten vehicles which is secured by a lockable gate.


The small chapel next door has some space available, which can be leased by a new owner to extend the nursery, adding a partition wall. This would create space for an extra 25 places and would be ideal for the introduction of a breakfast and after school clubs. This will be negotiated with the landlord if desired.

STAFF

The business is currently operating with five members of staff in employment including a manager and deputy. Our client is not currently involved in the day to day management of the nursery. The staff are long standing and experienced, they have built strong relationships with both parents and children and can bring continuity of service for a new owner.

FINANCIAL DETAILS

A Stars Nursery School is newly re-launched. We are advised that the business currently has a projected annual turnover of £50,000. It is to be stressed that at present, the nursery is running at 33% occupancy. With full occupancy and the introduction of breakfast and after school clubs, takings would be boosted further.

SUMMARY

This leasehold business is newly established, and our client is working hard to rebuild this nursery after a nine month closure. As mentioned above, there is plenty of scope for expansion with the introduction of a breakfast and after school club and by making use of the additional space on offer within this impressive building. A new owner may also wish to run a strong marketing campaign in the area to bring the nursery back to 100% occupancy. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Trading Hours:
Mon - Fri - 7am - 6pm
Sat & Sun - Closed

Tenure: Leasehold

Location Details: Purfleet

Leasehold Term: Rent: £138 Per Week

Downloadable Documents

Listed by: Abacus Day Nursery Sales

Find out more about this business opportunity.

 
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