Property Title: Project Tate - Freehold nursery - West Midlands

Property Type: Day Nursery / Nursery school

For Sale / Sold: For Sale

Date Posted: 20 Nov 2024

Location: West Midlands

Guide Price: £1.150,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 51307

Description

Project Tate - Children's Day Nursery in the West Midlands
- Key Features of the Opportunity
- Freehold detached Victorian property across two storeys
- Current capacity for 55 children from three months to five years of age
- The large gardens could accommodate further capacity
- Ofsted - All areas rated Good at the last inspection in 2023
- Operated by our clients for over 15 years and established over 30
- Management is run with little involvement from the current owners
- Quick Look at the Financials
- Turnover of £703k for year-end March 2024 with an adjusted EBITDA of £192k
- Turnover of £655k for year-end March 2023 with an adjusted EBITDA of £192k
- To include the freehold property
- Interested in speaking with Us?
Stephanie Quinn
And quote ‘Project Tate’ with reference no 51307