Property Title: Project Arlo - Freehold nursery for sale in County Durham

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 28 Mar 2023

Location: Durham

Guide Price: 2000000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 49375

Description

Opportunity to acquire a premium childcare setting in County Durham. The nursery was first established over 30 years ago. Current capacity for in excess of 95 children which can be increased further. Turnover of £823K for the year ending August 2022 with an adjusted EBITDA of £317K, Management run, the building has been purposefully refurbished as a nursery to a high specification and houses a large, secure outdoor play area. Freehold Ref 49375