Three childrens nurseries for sale
Bargoed, Mid Glamorgan
- Asking Price: £224,950 +SAV
We are advised as per the 2022 accounts, the business generated a turnover in the region of £310,000 and projected to exceed £400,000 in 2023. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07199
Hilton Smythe are delighted to welcome to the market 1st Steps Day Care LTD, a highly rated childrens nurseries trading from three locations around Bargoed and Rhymney.
The business was established by our client in 2015, building up an excellent reputation and loyal client base during its many years of trading.
1st Steps Day Care LTD has now come to the open market due to our clients desire to retire.
1st Steps Day Care LTD is a full children's day care nursery offering full-time and part-time placements, as well as wraparound care. They provide care for children aged 0-7, and also offer holiday club care, breakfast club and afterschool club care. They have a number of funded placement options like Flying Start funded placements, Childcare Offer funded placements, Assisted and Supported Funded Placements.
Key selling points -
- They're the biggest childcare provider in the area.
- Great word of mouth reputation.
- Situated in the area which is first for the 2 year old expansion offering all 2 year olds in Wales free childcare.
- Local staff who are happy to work across all 3 nurseries.
- Nursery Managers situated in each nursery.
- Good working relationships with Local Schools and the Local Authority.
- Recently approved for a Capital Grant investment from Welsh Government of £50,000
We are advised that the businesses has 21 members of staff across the three nurseries.
The current trading hours are (Pontlottyn, Abertysswg closes at 17:30 & Aberbargoed closes at 18:00) -
Monday - 07:30 – 17:30/18:00
Tuesday - 07:30 – 17:30/18:00
Wednesday - 07:30 – 17:30/18:00
Thursday - 07:30 – 17:30/18:00
Friday - 07:30 – 17:30/18:00
Saturday – Closed
Sunday - Closed
1st Steps Day Care LTD occupies three very busy trading locations around Bargoed and Rhymney.
- Basement room - Staff room & kitchen, staff toilet, spare room to expand, access to the outdoor play area.
- Ground floor - 2 foyers, office, kitchen, lift, quiet room, messy play room, large play space registered to care for 44 children 3+, children’s toilets, large storage room.
- First floor - Lift, 2 baby rooms registered to care for 17 babies, 1 toddler room registered to care for 16 children, milk room, children’s toilets, sleep room, storage room.
- External - Standalone detached building. Large outdoor play area. Signage front and back of building. CCTV on interior and exterior. Intercoms to enter premises. Plenty of car parking.
- Ground floor - Staff toilet, staff room & kitchen, baby room registered to care for 6 babies, toddler room registered to care for 14 children. Free floor to outdoor play area.
- External - Self-contained section of a Church. The Church occupies the whole of the top floor, we occupy the whole of the ground floor. No shared access. CCTV throughout. Intercoms to enter premises. Large outdoor play area. Signage on main road. Plenty of parking.
- Ground floor - Office and staff room, kitchen, children’s toilets, staff toilet, toddler room registered to care for 19 children, cloak room, free flow to the outdoor play area.
- External - Part of a school. CCTV currently being installed. Fobs to enter premises. Large outdoor play area. Plenty of parking.
We are advised that all the nursery businesses are being sold on a leasehold basis.
Aberbargoed is currently on a 5 year lease, with the rent at £2,000 per month.
Pontlottyn is currently on a 5 year lease, with the rent at £800 per month.
Abertysswg is currently on a yearly rolling agreement, with the rent at £1,750 per quarter.