Property Title: Children's Day Nursery - Scotland
Property Type: Day Nursery / Nursery school
For Sale / Sold: Sold
Date Posted: 30 Sep 2022
Location: Scotland
Guide Price: £800,000 (Leasehold)
Property Agency: Redwoods Dowling Kerr
Reference: 49800
Description
Well-established day nursery
Fee Income £608,211 per annum (y/e Feb 2022) with an impressive EBITDA of £292K before rent.
Recently been refurbished with an investment in the region of £100,000 in the last few years
Located in a highly desirable location in a convenient and accessible area
Excellent reputation, viewing highly recommended
Leasehold option £800,000 Freehold Option £1.6Mil - Offers Considered
Well-established ‘Good & Very Good Rated’ children’s day nursery, located within a sort after desirable town location - Fee Income £608,211 per annum (y/e 2022), with an impressive EBITDA of £293,156 for the same period, operated with an experienced management team, excellent reputation, presented to a high standard, free roadside parking, viewing recommended. Freehold Option £1.6 million. Ref 49800
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