- Price UNDER OFFER
- Agent Neil Mansell
- Property type Children's Nursery
- Reference EX3736
- Contract type Leasehold
- Location Southend
- Listing categories Children's Nursery
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.
Please note that this is a ‘Confidential Sale’ and a completed NDA (Non Disclosure Agreement) will be required before further details can be released.