• Multi Site Children's Nursery Business in Southend area Essex

    EX3736
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    Under offer £185,000 
    Southend Essex
    • • Leasehold sale
    • • 2 sites in the Southend area
    • • New leases available
    • • Established businesses with potential for growth
    • • Managed settings

    Description

    This is a very well established business across two sites, in the Southend area. The current owner bought the business in 2009. In that time both sites have grown and developed with staff now managing the day to day operations of the business. The owner will retain the freehold interest in the properties but is looking to sell the business on a leasehold basis.

    New leases would be offered to the buyer. There is flexibility to agree specific details however the starting point is £30,000 per annum across the two sites with an initial lease length of 12 years with break clauses and rent reviews, security deposits and payment schedules to be agreed

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