Property Title: SSTC West Midlands Day Nursery For Sale

Property Type: Day Nursery / Nursery school

For Sale / Sold: Sold

Date Posted: 27 Nov 2024

Location: West Midlands

Guide Price: £250,000 (Leasehold)

Property Agency: Owen Froebel Ltd

Reference: 1691

Description

Sold Subject to contract

We are happy to offer this leasehold setting to market. Established in 1996, the setting was purchased by the current owners in 2003. Run on a manager-led basis the business is now on the market as part of a retirement plan. The Owners have no role in the day-to-day running of the nursery. The setting is registered for 86 places and has a Good Ofsted rating operating all year round. Situated in a converted pub with a large garden and car park, the property is owned by the seller who is happy to supply a long lease to the incoming buyer. The income split is approximately 59% Local Authority and 41% 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: 1691