Property Title: West Midlands Day Nursery for Sale

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 18 Dec 2023

Location: West Midlands

Guide Price: £260,000 plus FH (Freehold)

Property Agency: Owen Froebel Ltd

Reference: 1206

Description

Owen Froebel is happy to offer this West Midlands setting to the market. Based just off the M6 within a busy town centre, this setting is registered for 103 places and occupies a large building with lots of underutilised space.
The business is on the market at £260,000 and is being sold alongside the freehold with an estimated value of £590,000. The freehold includes the setting premises and two three-bedroom apartments.
Operating year-round, the setting is fully staffed and manager-led. Running at below occupancy there is a large scope for growth and demand in the local area to support this. At present there is minimal advertising beyond the use of a website. Social media is used but mainly utilised and driven by existing parents.