Property Title: 49641 Project Mabel - Group of 3 - Scotland
Property Type: Day Nursery / Nursery school
For Sale / Sold: For Sale
Date Posted: 15 Mar 2023
Location: Scotland
Guide Price: £1,200,000 (Leasehold)
Property Agency: Redwoods Dowling Kerr
Reference: 49641
Description
**Leasehold Option £1,200,000 or Freehold option £2,000,000**
Group of 2 nurseries over 3 freehold properties
Combined capacity for a total of 200+ children
Settings are all within a close proximity of each other
Combined Turnover of £1.721M for the year end 31/07/24 with adjusted EBITDA of £425K for the same period
Adjusted EBITDA of £340K for leasehold option after rent of £85,000
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