Property Title: 48631 Project Ruby - Scotland

Property Type: Day Nursery / Nursery school

For Sale / Sold: For Sale

Date Posted: 15 Mar 2023

Location: Scotland

Guide Price: Freehold £1,500,000 / Leasehold £750,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 48631

Description

Project Ruby
Opportunity to acquire two freehold day nurseries located in Scotland
KEY ATTRIBUTES
Two freehold childcare settings
Excellent reputation in the local area
Combined capacity in excess of 120 children between the ages of 3 months and 5 years
Accessible locations with local travel and transport links close by
Works closely with local authorities such as the local council
Settings rated as 'Very Good' and 'Excellent' by the Care Inspectorate
FINANCIALS
Turnover £1,197,975 (31.07.2023) with an EBITDA of £275k
Leasehold EBITDA £220,000k after rent
ASKING PRICE
£1,500,000 to include the two freehold properties
£750,000 Leasehold with two new 20+ year leases (Rent per annum £55,000)
CONTACT
Call or email Sarah Ellison
Quoting: Project Ruby, Ref 48631