Property Title: Berkshire Leasehold Day Nursery For Sale

Property Type: Day Nursery / Nursery school

For Sale / Sold: For Sale

Date Posted: 27 Nov 2024

Location: Berkshire

Guide Price: £950,000 (Leasehold)

Property Agency: Owen Froebel Ltd

Reference: 6899

Description

We are delighted to offer this large leasehold setting to market. Established in 1997, the setting is situated across two buildings, each with individual leases, based next to a local Academy. The setting is registered for 118 places and has a Good Ofsted rating operating all year round. One of the two owners is currently undertaking the Manager’s role working with a well-established team that has the capacity to step up into the role of sale. The setting has seen income rise steadily over the past few years with the expectation of returning to pre-COVID levels in the next 6 months. The income split is approximately 50% Local Authority and 50% Private Fee Income. The setting undertakes no marketing, relying on word-of-mouth referrals. The business is run as a limited company and is being sold as a share sale.
Ref: 6899