Property Title: Project Milan - South East of England

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 31 Jan 2024

Location: East of England

Guide Price: £1,500,000 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: 47932

Description

Project Milan

Unique opportunity to acquire a private preparatory school and nursery situated in the South East of England - Leasehold

OVERVIEW
Redwoods Dowling Kerr are proud to present Project Milan, a private preparatory school and nursery situated in the South East of England. Offered as a leasehold opportunity and available on an offers invited basis.


KEY ATTRIBUTES
Capacity for over 120 children in the preparatory school and 120 children in the nursery
Experienced management team and long-serving well qualified staff members
High academic achievements
Rated ‘Good’ by Ofsted in every inspection category within its latest inspections
School holiday scheme, as well as a before and after school club have proved immensely popular
Potential for future growth


FINANCIALS
Turnover of £2.5m for the year ending 30th September 2021
Adjusted EBITDA figure of £498k for the year ending 30th September 2021

DESCRIPTION
Occupies a purpose-built property
Outstanding reputation and relationship within the local community and surrounding areas
Extensive outside playgrounds and gardens
Access to a wide variety of sports facilities
Open from 07:00 to 19:00, Monday to Friday, 52 weeks a year


OPPORTUNITIES
Possibility to expand the premises
Long lease secured

SUMMARY
This excellent opportunity is now being offered for sale by the vendors who leave behind a lucrative independent preparatory school and nursery with scope for further expansion and growth.

Asking Price - Offers Invited

NEXT STEP
Call Sarah Ellison on 01772 775 785
Quoting: Ref 47932