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Projected sales of 5.5M with 80% occupancy
The Nannery Ltd have just come to market for the first time. The vendor (single owner) is accepting sealed bids for an immediate sale.
Despite COVID 19, government funded children should remain consistent and with the potential for school leavers staying in the nurseries and not moving to the schools a stable income is secure.
The sales figures are robust historically and up to the COVID 19 outbreak. The company is being sold without debts.
Four of the nurseries have been open and the total turnover from these four is 1.24 million, year ending April 2020. 4/5 are leasehold with 10 years, full repairing leases commencing in September 2020. The remaining nursery – two buildings, unopened – has a 5-year lease with an opt-out clause in August 2021.
The sites are on conservation areas and main roads in high growth, residential, and near commercial areas. The sites and buildings are stunning, well maintained and all have growth potential (16% growth from 18-19 to 19-20). The properties have up to date health and safety requirements.
The company will require sealed bids by 15/7/20.
If interested, please contact us by filling the form given below.
Various per annum
The sites are on conservation areas and main roads in high growth, residential, and near commercial areas.
Various, several location and building.
Currently £1,244,000. On target earnings at 80% capacity is £5,500,000.
Health of Director
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