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Day Nursery Premises In Reading For Sale

Reading, Berkshire, UK
Asking Price:
£20,000
Turnover:
Available on request
Net Profit:
Available on request

VACANT DAY NURSERY PREMISES TO LET ON LEASE - 2 LEVEL COMMERCIAL
ENCLOSED GARDEN AND GARAGE
NEWLY RENOVATED – READY TO OPERATE FROM
SONNING COMMON – SOUTH OXFORDSHIRE
-----.------.-- - 100M2
23C WOOD LANE,
SONNING COMMON,
RG4 9SJ
Assignment of current lease.
Location:
In the heart of a charming village in Sonning Common, close to Emmer Green, Reading, Henley and Caversham. Good, varied mix of supporting trades adjacent. Parking in front of property and in and around Village.
Premises:
Having recently secured planning permission to convert the flat from residential use to commercial use, the property has now been renovated (at considerable time, effort and expense) for the purpose of operating an Early Learning Day Nursery Business with vacancy for up to 35 Children.
Floor Plans, change of use documents and a copy of the Lease Agreement available for inspection.
Available immediately – Vacant.
Ingoing Premium:
£20,000 – Vendor has spent in excess of £45,000 securing planning to convert the flat above to commercial use and on extensive renovation of the entire property making it fresh, modern and ready to run without much further expense.

* Monthly Free Cashflow: Undisclosed
* Premises Details: Versatile two-level layout providing ample space for dedicated learning areas and play zones on the ground floor with a 3 room first floor space above ideal for a baby room, cot room and office/staff room. With a new, fully fitted kitchen. W.C. located on both levels. Enclosed garden at rear, offering a safe environment for play and outdoor activities. Garage at the rear, ideal for storage of equipment.
* Sector: Commercial Property
* Industry: Education
* EPC: C -58 - Expiring 14th March 2032
* Looking For: Leaseholder
* Lease Terms: The Premises is held on a 10 year Full Repairing and Insuring Lease from 10th June 2022 to 9th June 2032 at a current rent of £1,667 per month (£20,000 per annum). 5-year rent review. Ingoing Premium - £20,000.

Property Information

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Leasehold

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