Property Title: Lincolnshire Day Nursery For Sale

Property Type: Day Nursery / Nursery school

For Sale / Sold: For Sale

Date Posted: 29 Oct 2024

Location: Lincolnshire

Guide Price: £725,000 (Leasehold)

Property Agency: Owen Froebel Ltd

Reference: 4878

Description

We are happy to offer this leasehold setting, situated in a purpose-built building in a busy rapidly growing South Lincolnshire town.
Operating 51 weeks a year, offering a day nursery, breakfast club and ASC, the setting has space for 104 children, occupying a large plot with substantial outdoor space. The property is owned by the vendor who would supply the buyer with a suitable lease. The business is operated as a limited company and is offered to market as a share sale. The Ofsted registration is in the Limited Company name and the setting has a Good status. The team is well established and suitable management is in place to allow for the vendor’s departure. Turnover has shown a steady increase year on year. Accounts are available for the period up to March 2024. The setting currently undertakes no marketing with growth achieved through word-of-mouth referrals.
Ref: 4878