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Childcare Facility for sale

Falkirk, Stirlingshire, FK2 0XS

Sold STC £375,000

Property Description

Key features

  • Bright, spacious nursery and baby rooms
  • Registered for 42 children
  • Large enclosed garden to rear
  • High grades from Care Inspectorate
  • Energy Performance Rating Band E
  • Offers over 375,000

Full description

Tenure: Freehold

LOCATION

The nursery is located virtually adjacent to junction 5 of the M9 motorway, accessed off the Lauriston Bypass (A9) which is the main road leading into Falkirk from the M9. As such, it is ideally positioned for those working locally and also commuting further afield.

Situated opposite to the nursery is a Klondyke Garden Centre, Cadgers Brae Brewers Fayre and Falkirk East Premier Inn. The property is adjacent to the Chianti Italian restaurant, set back from the road and on the right hand side of the A9 heading towards Falkirk town centre.

Polmont is a residential suburb of Falkirk lying three miles to the West of the town centre. Grangemouth is also located approximately two miles to the North.

The location of the property and town are shown on the undernoted plans.

DESCRIPTION

Cherry Tree Nursery is a converted farmhouse which has been altered and extended to provide the current accommodation. Fitted and equipped to a high standard throughout, the nursery provides five main rooms; four at ground level and one at first floor level.

The security door entrance system within the entrance porch ensures all visitors to the nursery are monitored. This is within the entrance hallway from which the various rooms are accessed. The rooms are all well presented and finished to a quality standard. There are childrens toilet facilities and changing areas in addition to preparation areas for provision of food and snacks.

The Sunflower room accommodates seven children from 3 - 5 years.

The Bluebell room which is spacious with a sleeping area caters for 6 babies from birth to around age one.

The Cherry Blossom Room is a large room to the rear of the property overlooking the garden and is set up for 12 children from 2 - 3 years.

The Buttercup room completes the ground floor accommodation with 9 children age 1 - 2years.

There is a further pre school room at first floor level know as he Snowdrop room and is can accommodate 8 children age 3 - 5 years. There is a separate toilet for the childrens use.

Completing the accommodation is a large staff room/kitchen and office.

Located to the rear of the property is a full enclosed garden which is predominantly grassed and has a sensory area, and play house. To the front of the property is staff and parent parking. CCTV has been installed around the perimeter of the nursery.


ACCOMMODATION

We would summarise the accommodation as undernoted:-

Ground Floor:

Entrance hall, hallway, four playrooms, childrens and staff toilet.

First Floor:

One playroom, childrens WC, staff room/kitchen and office.

Exterior:

Enclosed garden to rear and staff/parent parking to front.

The undernoted layout plans provide approximate layout and are provided for information purposes only.

THE BUSINESS

Our client established the nursery in 2006 and is now looking to retire. During our clients ownership the nursery has established an excellent reputation for the quality level of care provided. Indeed, many families have utilised the services for siblings, taking advantage of the discount offered to them.

The nursery is registered for 42 children and is open all year round with the exception of the Christmas week.

Our client oversees the operation of the business with a nursery manager employed. There is a team of qualified staff who all contribute to the high level of service provided.

Opening hours are 7.30 am - 6 pm; with morning sessions from 7.30 am - 1 pm and afternoon sessions 1 pm - 6 pm.

Fees are currently charged on the following basis -

Birth - 3 years

Full time 200.79 per week
Full day 47.04
Half day 24.68

3 - 5 years

Full time 188.17
Full day 40.39
Half day 21.81

The prices are inclusive of healthy snacks and drinks, with parents/carers providing packed lunches for children and pre-prepared milk for babies. Discounts are offered for second and subsequent children attending the nursery.

Financial documentation will be provided to interested parties after viewing. The turnover for the year ended 31 March 2016 was 273,633.

TRADE INVENTORY

The asking price includes the trade inventory which, we are advised, is owned outright and is not subject to any lease purchase, hire contract or similar finance arrangement.

RATES

Reference to the Assessor's website has shown that the subjects are entered in the current Valuation Roll at Rateable Value 11,200.

ENERGY PERFORMANCE CERTIFICATE (EPC)

A copy of the Energy Performance Certificate is available upon request, however, the rating is E.

PLANNING

Previously planning permission was granted by Falkirk Council to create a further 46 places for children on the side of the outhouse. Enquiries in relation to this should be made directly to the Falkirk Council planning department.

PRICE

Offers around 375,000 are sought for the property, goodwill, fixtures and fittings, with stock available over and above at valuation.


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