Property Title: 49970 Project Ivy - Central Belt Scotland

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 09 Mar 2023

Location: Scotland

Guide Price: £535,000 Freehold / £190,000 Leasehold (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 49970

Description

Freehold day nursery & out-of-school club with Leasehold option
Current capacity for 56 children with scope to further expand
Turnover of £470k for year ending 2023 with adjusted EBITDA of £125k freehold or £98k after rent
Rated “Very Good” across all 4 areas of the Care Inspectorate
Viewing highly recommended