Office for sale in St. Michaels Avenue, Wembley HA9

Offers over £450,000
Office for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Exceptional Trading Position
  • Accounts Available Year End 31st May 2019
  • Annual Turnover £164,275
  • Gross Profit £157,163
  • Net Profit £64,911
  • Accounts Available After Viewing
  • Registered For 45
  • Excellent Reputation
  • Ofsted Rating Good
  • Outdoor Play Area
  • Free Car Park
  • Currently Open Term Time Only
  • Under Redevelopment
  • Potential To Change Registration To 75
  • Scope For Holiday/Before & After School Club

Property description

Ref 7305 – Leasehold Children's Day Nursery
Blacks Brokers are pleased to bring to the market this leasehold children’s day nursery located in Wembley, London.


Introduction


Bluebell Montessori School was established by our client in this affluent area of London in 2015. The business offers childcare for children aged between two and five years of age. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of additional trade generated by word of mouth recommendations. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Bluebell Montessori School has a comprehensive website in place. The property is soon to undergo a huge renovation and expansion. Please see pictures for plans.


Location


Bluebell Montessori School occupies an incredible trading position within beautiful surroundings which is close to Wembley Stadium. The area is well linked by the M1 and A406 with very strong public transport links and parking is available immediately outside.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s family commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a rolling annual lease which began in April 2020 at a cost of £531 per week.


Building layout and design


Bluebell Montessori School operates from a single storey property surrounded by parkland and sports pitches. There is a free car park to the front for easy drop offs and collections. Inside, the school is presented well with secure main entrance leading to two classrooms – one for younger children aged 2-3 and one for the pre-school children aged 3-5 – both are fully equipped. There is also a private kitchen area, both staff and children’s toilets and storage areas. Externally is a secure and well maintained outdoor play area.


Staff


The business operates with four members of staff in place – this includes a deputy head and senco lead.


Financial details


Bluebell Montessori School has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st May 2020 show that the business has an annual turnover of £164,275 and a gross profit of £157,163, with a net profit of £64,911. Full financial information can be made available after viewing.


Business rates


The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This well renowned and long established business occupies an enviable trading position in a densely populated area of Wembley. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new out of school care services and holiday clubs, possibly a collection and drop off service where appropriate. The nursery is also undergoing a renovation and expansion in the near future which will allow additional registration numbers. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £450,000.

Please quote ref: 7305

Fixtures & Fittings

All Toys & Equipment Included

Opening Hours

Mon - Fri: 09:00 - 15:00

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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