Summary
- Asking price:
-
£640,000
(Furniture / Fixtures included)
- Turnover:
- < £200k
- Net profit:
- < £100k
- Years established:
- 8+ years.
- Employees:
- Our client works for the majority of opening hours. Additionally there are 4 employees. Employees’ wages amount to approximately £780 per week.
- Home based:
- This business can be run from home.
Business description
Our client established the business in July 2001 and is now selling to emigrate to Australia. The nursery school is registered for 20 children between the ages of 2 and 5, and fees are currently £4.75 per hour, and £18.50 for a 9 am to 1 pm session, £28.50 for a 9 am to 3 pm session and £35 for a 8 am to 5.30 pm session. Lunches are available at £2.00 per day.
Annual accounts for the year ended 31 July 2008 show that fee income reached £106,384 and that a net profit of £43,246 was achieved before allowance for various items of overhead expenditure which do not form part of the ongoing cost base of the business.
For the 39 week period ended 30 April 2009, fee income reached £100,151 with a net profit of £44,417 being achieved. On an annualised basis, the net profit would amount to approximately £56,944.
The acquisition of this business should continue to provide a first rate income in the foreseeable future which is combined with a highly desirable and very attractive home situated in semi-rural surrounds.
Property information
- Property:
- Freehold
- Living accommodation:
- This comprises a chalet bungalow which features highly attractive laminate floor coverings to a number of the rooms, oil-fired central heating and a truly magnificent ‘L’ shaped lounge/dining room of graceful proportions.
Separate Front Entrance leading to:-
Hall. Single panel radiator, built-in linen cupboard with lagged copper cylinder and immersion heater. Access to roof space.
Open plan Lounge/Dining Room about 19’9” x 15’6” (6m x 4.7m) and 11’6” x 8’ (3.5m x 2.4m). There is a most attractive brick-faced fireplace with open grate and 2 enclosed hot water radiators. This room looks over the garden.
Kitchen. Arranged in 2 areas about 11’9” x 7’9” (3.5m x 2.3m) and 9’9” x 7’6” (2.9m x 2.2m). This room is currently being refitted and further details will follow.
Bedroom 1 about 13’9” x 11’9” (4.1m x 3.5m). Single panel radiator, 2 double built-in cupboards with vanitory unit incorporating a wash hand basin and cupboards below.
Bedroom 2 about 11’9” x 7’9” (3.5m x 2.3m). Double panel radiator, wash basin.
Family Bathroom. Fully tiled walls, laminate floor covering, low level WC, free-standing modern roll top bath, pedestal wash hand basin, chromium heated towel rail and spot-lighting.
Inner Hall.
Shower Room. Fully tiled walls, pedestal basin, low level WC, large enclosed shower, ceramic tiled floor and chromium heated towel rail.
Bedroom 3 about 14’6” x 10’3” (4.4m x 3.1m). Hot water radiator.
FIRST FLOOR.
There is an attic Bedroom the maximum dimensions of which are 19’6” x 10’3” (5.9m x 3.1m).
OUTSIDE.
To the front of the property is a large Car Parking Area for approximately 7 cars. NB The immediately adjoining neighbour has a right of way over the car park.
The Private Garden is laid to lawn together with a decking area and swimming pool. There is a shed with filtration system and some areas of patio.
Conservatory/Workroom about 16’6” x 12’3” (5m x 3.7m). This has uPVC double glazing and is set on a brick base.
- Location:
- The property is situated in an affluent semi-rural village. It lies between the towns of Haywards Heath, Uckfield and Lewes, and is on a main ‘A’ road which gives good north-south road access. There is a village convenience store with sub Post Office and a public house. The nursery serves both the village and surrounding county areas.
- Premises details:
- Play Room 1 about 21’3” x 15’ (6.4m x 4.5m). UPVC double entrance doors, attractive laminate floor covering, night storage heater.
Play Area 2/Conservatory about 12’9” x 8’6” (3.8m x 2.5m). Laminate floor covering, electric panel heater, double doors to garden.
Play Room 3 about 15’9” x 11’9” (4.8m x 3.5m) plus deep bay about 5’3” x 4’ (1.6m x 1.2m). Laminate floor covering, double storage cupboard, single panel radiator.
Wash Area. Single drainer stainless steel sink.
Separate WC. Low level WC, wash basin and extractor.
Second Separate WC. Tiled walls, low level WC and pedestal wash hand basin.
Leading from Play Room 1 is a lean-to Store about 14’6” x 5’9” (4.4m x 1.7m).
At the rear of the day nursery is a large Garden Play Area with patio, lawn, wooden climbing frame, Wendy house and store shed.
Other information
- Reasons for selling:
- Vendors wish to emigrate to Australia.
- Trading hours:
- 8.00 am to 6.00 pm Monday to Friday inclusive but closed for 2 weeks at Christmas.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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