Property Title: Group of 2 Day Nurseries - County Durham

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 06 Feb 2023

Location: North East England

Guide Price: £980,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: RDK 48741

Description

Group of two children’s day nurseries, combined registration 152 children.
Combined fee income £662,673 per annum (y/e 31.08.20), EBITDA £177,373.
Rated Outstanding by Ofsted, Convenient and accessible locations, excellent reputation, healthy occupancy levels
1 x leasehold, 1 x freehold. Both settings are operated under management, well appointed, viewing recommended. The vendor will consider granting a lease on the Freehold Setting.