East London Day Nursery and Freehold Property For Sale - Great Expansion Opportunities
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
07/08/23
- Advert ID
517726
- Reference
1582 / Rightbiz
- Call Agent:
- Freehold: £1,400,000
- Turnover: £400,000 (£7,692 Per week)
- Net Profit: £95,000 (24% Profit margin)
Key Features
- Unique Business
- Potential for Alternative Use
- Accounts Available
- Prime Location
- Attractive Business
- Established Business
- Company for Sale
Business Details
East London Day Nursery For Sale with Freehold Property
Owen Froebel are pleased to offer to market this long-established nursery situated in a cosy converted residential property with excellent opportunities for expansion in situ or via relocation. The business is based in a former four-bedroom residential property which is being sold alongside the setting. The setting offers great potential to maximise the occupancy in situ or to relocate to allow for extra places and realise the value of the property. The setting is Manager Led with a long-established team and comprises four playrooms, a fully enclosed garden and 5* rated kitchen.
The property has been valued on a residential basis at £1.25m. The Vendor is aware that a commercial valuation will be lower than this and is happy to accept an offer subject to bank valuation. This is expected to be in the region of £950,000. The Vendor is looking for a buyer who will commit to continue the business either in situ or with the view of relocating to a larger property with room for additional places and realising the residential value of the property.
Registered for 38 places the setting is running at approximately 80% occupancy and is open 51 weeks a year.
Situated in a residential area close to a primary school and overground and underground stations.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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