Owen Froebel are delighted to offer this large freehold setting to market. Established for 33 years, the setting is located in a large converted farmhouse alongside other local services. The setting is registered for 77 places with significant outdoor space and opportunity for expansion with the purchase of additional land. There is an established manager-led team in place, offering childcare for 51 weeks a year. Currently running at an estimated 65% occupancy, the setting has seen income rise steadily year on year, with significant further growth available in the existing space. The setting has a Good rating from Ofsted and runs with an approximate income split of 39% Local Authority funding and 61% Private Fee income. Currently, the setting undertakes no significant marketing, with registrations growing through word-of-mouth referrals.
Goodwill Value: £400,000 Freehold Value: £550,000 Ref: 8642
