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

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 31 May 2024

Location: North East England

Guide Price: £1,750,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: RDK 49375

Description

PROJECT ARLO - Freehold nursery for sale in County Durham
The nursery was first established over 30 years ago
Rated “Good” by Ofsted in its latest inspection
Current capacity for in excess of 95 children which can be increased further
The building has been purposefully refurbished as a nursery to a high specification and houses a large, secure outdoor play area.
The management team in place have a proven track record of successfully managing the nursery and team members
There is a substantial amount of internal space available that could easily be used to increase capacity in addition to a sizable plot of land that could facilitate a forest school
The nursery is completely private and does not offer any purely funded places.


FINANCIALS
Turnover of £898K for year ending August 2023 with an adjusted EBITDA of £297k
Turnover of £823K for year ending August 2022 with an adjusted EBITDA of £317K
Turnover of £757K for year ending August 2021 with an adjusted EBITDA of £273K
Turnover of £821k for year ending August 2019 with an adjusted EBITDA of £300k


ASKING PRICE
Bids Invited to include the freehold property

CONTACT
Call Karrina Lee
on 01772 775 783
Email: Karrina.Lee@Redwoodsdk.com
Quoting: Project Arlo, Ref 49375



FINANCIALS
Turnover of £823K for year ending August 2022 (Draft) with an adjusted EBITDA of £317K
Turnover of £757K for year ending August 2021 with an adjusted EBITDA of £273K
Turnover of £821k for year ending August 2019 with an adjusted EBITDA of £300k


ASKING PRICE
Bids Invited to include the freehold property

CONTACT
Call Karrina Lee
on 01772 775 783
Email: Karrina.Lee@Redwoodsdk.com
Quoting: Project Arlo, Ref 49375