SE London Surrey Montessori School For Sale

Business description

Montessori School registered for 40 Children between the ages of 2 & 5 Years operating from single storey Church Hall premises in a prosperous residential suburb.

The premises have a well kept front garden play area, laid to grass, with outside storage shed for outdoor play equipment to be packed away. Entrance foyer leading into Main Hall which measures approx. 7.35m x 20.3m (149.2 M² / 1605 sq. ft). The hall is divided into four sections when the Nursery is operating and equipment is packed away at the end of each day. There is a dedicated store room where most of the equipment is packed away into.

Operating three terms over 36 weeks of the year opening for two sessions a day:- Morning and Afternoon sessions - Monday to Friday. There is also a breakfast club.

We are advised there are currently about 55 children on the register and Accounts show a steady increase in Turnover year on year with a good profit return.

Property information

Property:

Leasehold

Lease terms:

We are advised a 6 year lease was granted in September 2006, expiring end of August 2012.
Current rent is circa £26,000 per annum. (The lease is granted outside of the ‘Landlord and Tenant Act 1954’ but no difficulty is anticipated over renewal).

Leasehold rent:

£26,000 per annum