Office for sale in Sunderland Road, London SE23

Ref 8097 – Leasehold Children's Day Nursery
Blacks Brokers are pleased to bring to the market this leasehold children’s day nursery located in Lewisham, Greater London.

Introduction

Twinkle Twinkle Gem Nursery was established by our client in this densely populated area of Lewisham in 2016. The nursery is registered for thirty children with twenty currently on roll. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from additional trade generated by word of mouth recommendations and website traffic. Our client has ensured the business has an excellent reputation. Twinkle Twinkle Gem Nurseryhas a comprehensive website in place.

Location

Twinkle Twinkle Gem Nursery occupies a prominent corner trading position in a bustling area close to a range of residential and commercial properties. Neighbouring businesses include a range of independent retailers as well as large multiples such as The Co-op and Esso. There are also a number of amenities nearby including schools, convenience stores and two busy train stations. The area is well linked by the A205 with very strong public transport links and parking is available in the surrounding area.

Reason for sale

The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, 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 ten year lease which began in 2016 at a cost of £577 per week – this includes water and electricity.

Staff

The business operates with five full time staff in employment supporting our client working on a full time basis.

Financial details

Twinkle Twinkle Gem Nursery has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 30th June 2021 show annual turnover of £153,077 and net profit of £20,753. Full financial information is available upon request.

Summary

This well established nursery occupies an enviable trading position in a sought after and bustling area of Lewisham. Our client has secured a strong customer base and good reputation. There is plenty of scope to develop the business further with the introduction of a strong marketing drive, partnerships with local schools and a new social media presence. 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: £104,995.

Please quote ref: 8097