37, ., Staffordshire, ST5 1BT

LOCATION

The premises is located in the Newcastle area (ST5).

DESCRIPTION

The premises briefly comprises a very well presented and recently extended and refurbished two storey children's nursery of brick elevations supporting a pitched concrete tiled roof over the main together with a single storey extension to the rear. Internally there are four principle rooms offering care for a range of age groups from babies upwards, together with a number of children and Staff WC's, a central kitchen and private office. Externally there are secure play areas together with play equipment.

It is the intention to sell both the premises and business as a going concern, which has been under the ownership of the vendor since 2002.

ACCOMMODATION

Briefly comprising 4 children’s rooms together with staff and child WC’s, kitchen, office store, baby change and laundry room.

Total NIA: 2,153 sq. ft.

SERVICES

All mains services are connected. Gas fired central heating throughout. No services have been tested by the agents.

OUTGOINGS

Rateable Value: £12,750

Rates Payable: £6,260.25 pa (19/20)

VAT

The freehold price is not subject to VAT.

OTHER

EPC

TBA

THE BUSINESS

The business has traded under the stewardship of the vendors since 2002 when they brought the premises, since which time they have undertaken many improvements to the premises as well as extending it to the rear. The nursery is well attended and fully managed ensuring minimal involvement from the proprietor. There is however scope to further improve the business in terms of its profitability and attendance numbers. Interested parties are encouraged to view the property with the vendors who will be able to provide additional information.

The business was last inspected by Ofsted at which time it was graded 'Good'.

VIEWING

The property and business is confidentially on the market (staff unaware) so appointments must be made by prior arrangements via the agents.