No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£375,000
Added > 14 days

Property for sale

Nursery in East London
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Property
0 bed
0 bath

Property description & features

  • Tenure: Leasehold
  • Leasehold Nursery For Sale
  • Premium : £375,000
  • Registered: 48 places
  • Full Disclosure Pack Available
  • Inspected in 2022 with a Good Rating
  • Rent: £45,000pa
  • Rates: Currently Unknown
  • Lease: 12 years since December 2013
  • Rent Review: 4 Yearly
  • Established for almost 10 years
ORE are delighted to offer this Day Nursery for sale located within a densely populated residential area of East London and a short distance of primary transport links, including an Overground railway station. This nursery has been established in this area for almost ten years, benefiting from strong community ties. It operates in self-contained premises with child care facilities running from the basement, ground and first floors. This nursery provides a fantastic opportunity to purchase an established nursery business, with a superb opportunity to take over a very well maintained and managed business with minimal capital outlay.

This nursery provides a fantastic opportunity to purchase an established nursery business, with a superb opportunity to take over a very well maintained and managed business with minimal capital outlay.

ORE are delighted to offer this Day Nursery for sale located within a densely populated residential area of East London and a short distance of primary transport links, including an Overground railway station. This nursery has been established in this area for almost ten years, benefiting from strong community ties. It operates in self-contained premises with child care facilities running from the basement, ground and first floors. This nursery provides a fantastic opportunity to purchase an established nursery business, with a superb opportunity to take over a very well maintained and managed business with minimal capital outlay.

This nursery provides a fantastic opportunity to purchase an established nursery business, with a superb opportunity to take over a very well maintained and managed business with minimal capital outlay.

Registered Numbers
This nursery has 48 registered children, including children aged six months to 2 years and pre-school (3 to 5 years).

Property & Business
The nursery is in a self-contained building that benefits from exclusive use and is located within a primarily residential area.

The nursery operates over three stories and has an outdoor play area equipped with sensory activities.

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

Basement Floor - The basement dining area is accessed via an airy stairwell and includes a staff room and storage area.

Ground Floor - The ground floor reception leads to the secure 61sqm main play area, which is designated for pre-school years and equipped with toys, learning aids and furniture and access to the garden play area via a secure door from the main room. Off the play area are four child toilets facilities. In addition to the play area, the ground floor benefits from storage are and fitted kitchen facilities.

The outdoor environment includes a fenced soft surface area that consists of various playing equipment and toys.

First Floor - The first floor consists of a secure 29sqm area designated for six months to 2 years old and equipped with toys, learning aids, and furniture. The area is light and airy with a baby changing area. This floor also consists of an 11sqm manager's office, dedicated baby changing area and staff WC facilities.
The business also offers breakfast and after school clubs and daycare services. The operating hours are from 8 am to 6 pm Monday to Friday. The last Ofsted inspection was conducted in 2022 and achieved a "Good" evaluation.

Staff
The business is led by a qualified manager and 6 part and full-time members of staff who hold relevant qualifications.

Accommodation
There is no residential accommodation associated with this nursery.

Lease Terms & Tenure
This leasehold business benefits from a twelve-year lease that commenced in December 2013. The annual rent is £45,000 exclusive with 4-yearly rent reviews.
ORE has not been advised of the business rates payable; however, interested parties are encouraged to make their enquiries.

Premium
A premium of £375,000 is sought for the leasehold interest, fixtures and fittings and business goodwill. It is important to note that the goodwill does not include brand name and associated stationary and website.

Legal Costs
Ingoing tenant to pay reasonable Landlords' legal costs.

Viewings Arrangements
Viewings are highly recommended upon signing a non-disclosure agreement. A
Full Disclosure Pack includes pictures, three years of management accounts and inspection reports. If you are interested in viewing this property, please contact your agent at ORE on[use Contact Agent Button].

Property information from this agent

Places of interest

    With branch office in East London, Oakville Real Estates provides superior property investment services for buying, selling, financing and managing at every level of property enthusiasts, serving both residential and commercial sectors. We are committed to sell your property at the best possible price, with professional courtesy and etiquette that you deserve; no flashy gimmicks, just humility, honesty and integrity.  Established in 1998, ORE has continually developed and refined its services enabling us to grow from strength to strength. The ORE foundations are defined with first-hand sales experiences of the products and services offered in the North American real estate industry, allowing us to offer a more defined and personal assistance than our rival competitors.  Over the years, we have developed extensive and bespoke marketing strategies to best expose your property to the market. This includes internet portals, newspapers and any industry-relevant property magazines.  Additionally, your property will be advertised on our extensive database via email, text message, and by post; and should discretion be a necessity, we are able to advertise your property as a “Confidential Sale”.  To show our commitment to transparency and professionalism, we hold active memberships with National Association of Estate Agents (NAEA) and The Property Ombudsman.  We are deep believers of the 3P’s, Price, Product and Promotion. With this in mind, we will advise you on the best possible PRICE to maximise your return on the investment, in addition to advising you on how to arrange your property to create the right PRODUCT. Once the product is set, we will PROMOTE your property with professional photography and detailed descriptions to incorporate in to our brochures and internet portals.  Our branch is located seconds from East Ham Underground station, right in the heart of the action.  We are open 9:00am – 6:00pm Monday to Friday and 9:00am to 5:00pm on Saturday.  Please call us on 020 8472 9090 for a free valuation today. 

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.