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SOLD OR WITHDRAWN FROM THE MARKET
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Closed Day Nursery in Lincolnshire

Grantham, Lincolnshire
Leasehold Price:
£29,950
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
212523
Reference
5562 / Rightbiz

Details

    Established in 1999

    Annual Turnover When Open £150,000

    Spacious Premises & Car Park

    Registered for 50 Children

    Rent £230 Per Week

    EPC - C

Description:
Ref – 5562 – Childrens Day Nursery


Abacus are proud to bring to the market this leasehold childrens day nursery in the much south after location of Grantham, Lincolnshire.


INTRODUCTION
Bells Day Nursery has been established since 1999 and was relocated to Grantham in 2013 attracted to the larger building and the busy area. The businesses current trading history is a solid investment for any new owner. The nursery is registered for 50 children but recently closed in February 2018, only due to the owners severe ill health.


LOCATION
Grantham is a market town within the South Kesteven district of Lincolnshire and has links to the A1.


REASON FOR SALE
The business is being offered for sale due to our client’s family commitments creating this superb opportunity to obtain this long established day nursery.


LEASE
The business is held on a Full Repair and Insure (FRI) which started in August 2013 and is 10 years in length. The current lease has 5 year remaining with reviews every 3 years at a cost of £11,960 per annum.


BUILDING LAYOUT AND DESIGN
Bells Day Nursery is a single storey detached building and is held within spacious grounds with gated parking for up to 10 cars. It is very close to the city centre and is a short distance from Grantham Station. Inside, the business is split into various age group rooms, the baby room, toddler room and preschool room. There is a main office, the dining area for the children, library, arts and crafts room, store room, soft play area and sensory room. There is also a kitchen which currently holds a 4 star food hygiene rating. There are toilets for the children in the toddler area and the preschool area. To the rear of the business there is a large outside play area with storage.


FINANCIAL DETAILS
Financial accounts from when the business was trading are available upon request.


SUMMARY
Bells Day Nursery offers a solid and consistent business opportunity and it delivers impressive weekly takings. There is potential to increase the turnover by working more with the local authority and putting more into the advertising and marketing the business. This an ideal opportunity for an existing company to expand their current portfolio or an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.




Fixtures & Fittings:
x 3 Fridges
x 2 Laptops
x 1 Desktop
x 1 Washing Machine
x 1 Gas Cooker
x 1 Electric Cooker
x 2 Freezers
x 3 I Pads
x 6 Sinks
Stock & Toys
Outside Play area & Equipment


Opening Hours:
CLOSED


Weekly Rent:
£230 Per Week.
Seller Details
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Listing Details
Leasehold Price: £29,950
Tenure: Leasehold
Sector: Childrens Day Nurseries
Energy Performance Certificate (EPC)
Location Statistics
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