Commercial for rent

Rear Of Hitchin Road, Luton, LU2


£9,000 per year
£750 per month
S.O.A.

Description

A fantastic opportunity to acquire this intimate day nursery on a leasehold basis. The Nursery currently offers care for up to 13 children aged 3 months to 5 years old from 8am-6.00pm all year round. There is most definitely further potential for an ingoing tenant.

It must be noted that the owner wishes to retain the business name and therefore, an ingoing tenant would be required to rename the setting, create a new website, branding and uniform.

The Nursery is conveniently located on a busy residential street and is situated close to excellent schools.

The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment)Regulations.

The Rateable Value is £3,850 for the year commencing April 2017.

The Nursery has an effective operating capacity of 13 and was Ofsted rated ′Good′ in December 2016.

The setting operates from a bungalow:
• Entrance area
• Small office
• Two Nursery Rooms (Baby room & Pre School)
• Small Kitchen Area
• Toilets (X1 Child & X1 Adult)

The children also have access to a secure garden area which is equipped with all the necessary activities.

Trading Hours
Monday - Friday
8am-6pmAll Year round excluding bank holidays and 5 days at Christmas.

EPC C

No Profit & Loss Accounts will be made available.

A 10 year lease commencing August 2020. The lease is within the landlords& tenants act and has an annual rent of £9,000.

We have been advised that all trade fixtures & fittings are owned outright and will be included in the sale.

Categories

Commercial
Call
Property reference
000030123_891