Sold
Outstanding Childrens Nursery Registered for 43 Children, Manchester
Greater Manchester
- Asking Price: £149,950 +SAV
- Turnover: The business reports a fantastic turnover of £185,482 with a reported gross profit of 95% as per 2016 accounts.
- Tenure: Leasehold
Hilton Smythe is delighted to introduce to the market this thriving Nursery. The business was originally founded in 1984 with our client successfully running the business since 2003. The business is very well known and respected in the area with the business genuinely coming to the market due to our client's personal circumstances. The Nursery is registered for 43 children, catering for age groups from new-born to eleven years old offering a special baby nursery, before and after school clubs and holiday club. The business is fully Ofstead and NDNA compliant with a loyal workforce of highly skilled and qualified staff. The business operates from a prominent 4 storey period end of terrace premise, allowing plenty of separate safe vibrant play areas for the children to learn and play. The nursery provides quality equipment and toys with the benefit of a large enclosed soft play area outside for the children. The toys and play equipment valued at approximately £30,000 are included in the sale. This is a business with an excellent reputation and offers an ideal walk in trading venture.
The business is owner run and managed with the assistance of 12 members of staff.
The business opens Monday to Friday 7.30am - 6.00pm.
The business is located in Greater Manchester. The business occupies a prime trading position on a major commuter road within this heavily populated residential town.
Prominent end of terrace 4 storey premise briefly comprising:- Basement room with 3 colourful play rooms. Ground floor with 3 large play areas with reception area, separate water and sand play areas, 3 low level children toilets and staff toilet facilities. To the first floor are two further children's toilets, staff toilet, staff room, fully fitted kitchen, 2 large play areas and dining area. Externally there is a soft play area with artificial grassed area, metal shed for storage and wooden shed. The business is fully alarmed.
Tenure
We are advised leasehold. The original lease is 25 years with 12 years remaining on the lease. The rent is £14,000 per annum.
