Property Title: 70 place Freehold Nursery

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 18 Apr 2023

Location: Nottingham, Nottinghamshire

Guide Price: £540,000 (Freehold)

Property Agency: Coulter Consulting

Reference: TD 509

Description

A well-established 70 place children's day nursery, run under full time management which achieves approximately £70,000 adjusted net profit from an annual fee income of circa £325,000. The detached property is a large Victorian building which benefits from good outside play areas and a car park for up to 10 cars. The location of this nursery is exceptional being on a busy junction and on a main arterial road. The business performs well and is fully staffed but there is without doubt scope to increase income and profit. Furthermore, the property could be further improved and extended subject to planning permission. A realistically priced freehold nursery which has been under the same ownership for many years.