Property Title: 48027 Childrens Day Nursery - Gloucestershire

Property Type: Day Nursery / Nursery school

For Sale / Sold: For Sale

Date Posted: 09 Oct 2020

Location: South West England

Guide Price: £800,000 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: 48027

Description

Established since 1994 with year-on-year high occupancy rates
Turnover year-end 2023 in excess of £1m with an EBITDA after rent (£60k PA) of £213k
The current capacity for 120 children
The new 25-year lease is to be issued on completion of the sale at an initial rent of £60,000 per annum
Impressive detached Day Nursery with a capacity for 120 children
Turnover year-end 2023 in excess of £1m with an EBITDA after rent (£60k PA) of £213k
Partially purpose-built and superbly presented throughout. Secure play areas and gardens.
Long Lease option. Ref 48027