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HISTORY

• The business has been trading successfully since the beginning of 2001.
• During this time, the business has achieved an enviable reputation as well as consistently operating at full capacity along with waiting lists.

REASON FOR SALE

• The owner has decided to pursue a different and unrelated business venture.

SERVICES

• The privately and independently owned business provides full Multi-cultured and Islamic day care and child minding facilities for children under eight years of age.
• The vendor has informed us that the business is registered for:
o Six children from the ages of 0 to 2
o Four children from the ages of 2 to 3
o Six children for the 3+ age range
• At present, a maximum of sixteen children may attend at any one time.


CLIENTS

• The majority of parents in the area travel to work, and hence need the facilities of day care for their children.

ADVERTISING

• Limited advertising is conducted in the Yellow Pages and in a local paper.
• Most parents hear about the business through word of mouth.





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).



Property:
Leasehold
Lease terms:
• Leasehold
• Term remaining: 10 years
• Rent: £16,000 per annum
• Rates: £1,500 per annum
Leasehold rent:
£16,000 per annum
Location:
• Our client is conveniently located within the city of Leicester in a densely populated area.
• The location has a mix of residential properties ranging from terraced to middle class dwellings and large homes all within walking / driving distances.
• The vicinity is close to several high profile Mosques and a strong ethnic mix of Asians and in particular the Muslim faith.
Premises details:
• The business operates from a detached property within a residential location.
• There is ample free parent car parking on the main road and two onsite car park spaces
• Office can be used as living accommodation
• The property briefly comprises of the following:

Ground floor
o Secure front gate
o Porch
o Entrance hallway
o Large room for 0 to 3 year olds
o Large kitchen with fitted units
o Staff toilet
o Hall to front door and driveway
o Baby changing facilities and toddler toilets x 2
o Large rear garden used by all the children

First floor
o Landing
o Large room for 3 to 8 year olds
o Bathroom and change facilities
o Office

Expansion potential:
The vendor has informed us that there are several areas ripe for development, for which she receives regular enquiries. They include:

1. The provision of after school care together with a pick up service from local schools
2. The provision of a breakfast club starting at 7am
3. Building a conservatory to the rear and building an extra room on the first floor above the garage could accommodate an additional children
o 20 in conservatory
o 5 in garage
o 5 or more in top floor extension
4. Due to the large Muslim community, the provision of early evening prayers is in great demand
5. Possible weekend demand for both girls and boys prayers
Trading hours:
• Monday to Friday - 8:15am to 5:15pm for 48 weeks per annum.
Employees:
• The business is currently staffed by the owner on a part time basis with five additional staff members and bank staff
Years established:
10
Related documents:


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