Property Title: PROJECT CANYON - Purpose Built Nursery in South East London 50199

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 16 Aug 2023

Location: London

Guide Price: £875,000 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50199

Description

PROJECT CANYON - Purpose Built Nursery in South East London. Impressive purpose-built three-storey leasehold property. Capacity for a total of 124 children. Rated good by Ofsted. Over 20 years remaining on the lease. Management run. Excellent outdoor spaces for use in all weather and stunning internal design and layout. Densely populated residential location with many new developments. Turnover of £1,010m in 2023, growing to £1.2m in 2024 and £1.45m in 2025
EBITDA projections of £127k in 2024 and £231k in 2025. Ref 50199.