Buy an Outstanding Nursery Registered For 58 Children In Essex For Sale business for sale in Undisclosed on BusinessesForSale.com

  • Advert ID: 727410
  • (Seller ref: 131)

Outstanding Nursery Registered For 58 Children In Essex For Sale


Location:
Category:

Listed by:

Asking price:
£349,995 (Furniture / Fixtures included)
Sales revenue:
£350,000
Net profit:
< £100k
Years established:
26

No image available

Outstanding day nursery registered for 58 children located in popular Essex commuter village.
Lovely setting next to farmland yet close to all amenities and train station. Very well presented with exceptional outside play areas. Great reputation and Ofsted report - annual fee income £350,000. Available on 25 year lease from 07 with ground rent of just £2,350 per annum. The sale includes quality modular style premises which are owned by the vendors.


Property:
Leasehold
Lease terms:
We are advised that the buildings are owned by the vendors (and form part of the sale), and the land is held on a ground rent of £2,350 per annum. The ground lease is from 2007 and is for a period of 25 years. We are also advised that the rent is reviewed at 5 yearly intervals as well as being subject to annual RPI reviews.

Competition / Market:
Minimal competition in the area.
Reasons for selling:
Retirement

For more information about this business for sale, click the Contact Seller button.

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