Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

For Sale
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Windmill Day Nursery, West Park, Redruth, Cornwall

Care for sale

£300,000

Freehold

Daytime Childrens Nursery serving the Redruth catchment for 22 years, now being sold due to retirement. A well equipped and profitable business.

  • REGISTERED CHILDRENS DAY NURSERY (33)
  • ESTABLISHED FOR OVER 22 YEARS
  • CURRENTLY RATED OFSTED ‘OUTSTANDING’
  • LARGE DETACHED PREMISES
  • OUTSIDE PLAY AREAS & PARKING
  • CONSISTENT SALES & PROFIT
  • GENUINE RETIREMENT SALE
  • EPC: D93

Property Brochure PDF Location Map

Summary

REGISTERED CHILDRENS DAY NURSERY (33)
ESTABLISHED FOR OVER 22 YEARS
CURRENTLY RATED OFSTED OUTSTANDING
LARGE DETACHED FREEHOLD PREMISES
OUTSIDE PLAY AREAS & PARKING
CONSISTENT SALES & PROFIT
GENUINE RETIREMENT SALE
EPC: D93

Location

Windmill Day Nursery is situated in the West Park area of Redruth, which enjoys good transport links for customers and forms part of one of the Counties busiest areas for employment.

The Camborne, Pool and Redruth conurbation has seen significant investment in recent years in both infrastructural, industrial units and housing and as such is widely regarded as the industrial hub of the county.

The Property

The property comprises a large single storey building sub-divided into staff areas and defined rooms by age group. The property has staff parking and an agreement with a neighbouring property to allow the children to be dropped off. To the rear of the property is defined outside areas for different types of play. Overall the property is presented in good order.

The Business

We understand our client has run a day nursery since 1990 at a nearby location and has been on the current site for the past 22 years, who now wishes to sell due to impending retirement. The business trades all year, with one week closure over the Christmas period. The business trades from Monday through to Friday 8am to 6pm and is run with up to 10 staff.

We are advised the occupancy levels for Sept 2019 are in the mid 90% already and the 3 year average turnover is in the region of circa £247,000 (no VAT) applicable with an average 3 year adjusted net profit in the region of £37,000 (after deducting all normal overheads) and wages in the region of circa £167,000. Further accounting information will be made available subject to a viewing appointment in the normal manner. For further information please see our clients’ website www.windmill-nurseries.co.uk and Facebook – Windmill Pre School and Day Nursery.

The Accommodation Comprises

(all areas and dimensions are approximate)

Entrance door to inner lobby. Door through to:-

Staff Room (conservatory)

5.74m x 2.99m, with doors and windows to three sides, tiled floor, stainless steel drainer unit, shelving for staff goods etc.

Office

4.457m x 2.33m, window to rear elevation.

Wc’s

Pre-school Room (3 To 5 Years)

7.47m x 7.29m, windows and doors to two elevations, door leading onto decking area to rear. Stainless steel drainer unit.

Baby/toddler Room

7.24m x 7.40m (incorporating sleep room and changing area, toilet and handwash basin), doors to two elevations including onto decking.

Kitchen

7.21m x 1.45m. Door to side elevation, tiled floor, 5 ring gas cooker, 1 upright fridge, 1 upright freezer, 1 dishwasher, dry store.

Outside

To the side of the property 5/6 spaces and to the front of the property 8 spaces held by way of an agreement (transferable we understand) with a neighbouring property at a peppercorn rent.

To the rear of the property a recently refurbished children’s play area with defined areas, including a covered decked area, climbing wall the ‘mud kitchen’, sand pit, large wood chip area, paved area, construction area, vegetable patch. The garden is suitable for all weather outdoor play.

Planning Permission

We are advised Planning Permission was granted (since lapsed) for an extension to the rear of the property for additional number of children (8).

Tenure – Freehold

General Information

LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate

The Energy Performance Rating for this property is within Band D93.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock

To be taken at valuation.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF

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