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#Business ID: 17564

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D1 Premises In South London

Business Location: South London, London, England

Asking Price: £ 99,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Description :-

ORE are delighted to offer this closed Day Nursery for sale located within a densely populated residential area of South London and within short distance of major transport links including an overground railway. Although closed, this established nursery has benefited from strong community ties, and operated in non-domestic premises with child care facilities running from the ground floor.

Registered Numbers :-

This nursery is historically registered for 49 children which includes children aged 6 months – 2 years and pre-school.

Property :-

The Nursery is set in a non-domestic building which benefits from exclusive use, and is located within a larger complex of commercial properties. The nursery operates over a single storey and boasts a dedicated outdoor space which includes decking and activity areas.

The general outlay of the premises is inviting and colorful which provides ideal environment for a happy and productive nursery.

The ground floor reception leads to the main play area which is designated for pre-school years and is equipped with toys, learning aids and furniture. A movable partition then leads on to another large play and learning area which is similarly fitted with appropriate facilities. Access to the garden area is via a corridor which leads to the baby room, kitchen and child WC facilities. Additional facilities include manager’s office, adult toilet facilities and ample amount of storage space.

The outdoor environment includes a decked garden area with storage and activity space. For more strenuous activities, the nursery benefits from close proximity to a local park which boasts slides, swings and other playground equipment.

Accommodation :-

There is no residential accommodation associated with this nursery.

Lease Terms & Tenure :-

This leasehold premises is held on a seven year lease which commenced on March 2013. The annual rent is £17,000 exclusive.

Premium :-

A premium of £99,900 is sought for the leasehold interest, and fixtures and fittings.

Legal Costs :-

Ingoing tenant to pay reasonable Landlords’ legal costs.

Property Details

Property Type:

Lease

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