Wednesday 9 July 2014
AMBERGLOBE SELL PUDDLEDUCKS DAY NURSERY IN SOUTH WALES
Amberglobe are pleased to announce the recent sale of Puddleducks Day Nursery. This setting was run by a mother and daughter team and traded from a light industrial estate in this bustling location. With an annual fee income in the region of £170,000 this nursery sold off an asking price of £90,000 to an existing operator.
AMBERGLOBE SELL GROUP OF 2 NURSERIES IN NEWCASTLE
Amberglobe have recently completed on the sale of Choice Childcare Ltd which was the combination of 2 high profile childcare settings. With a combined annual fee income in excess of £1,000,000 these setting were run with a strong management team in place. Both of the settings were leasehold and were sold off an asking price of £600,000 to a new entrant to the market place.
Friday 28 March 2014
AMBERGLOBE SELL SEVENOAKS DAY NURSERY IN JUST 8 WEEKS!
Amberglobe are delighted to announce the recent sale of this recently opened day nursery in Sevenoaks, Kent. Nick Brown comments, this property was part of a wider investment freehold for the owner who after letting it out as offices, decided to convert the space into a day nursery just off the high street in Sevenoaks.
From day one this took off and 6 months into the project the now former owner was spending more time at the nursery than doing his day job of property developing! He then approached Amberglobe to try and find a buyer for this very young setting. We knew this would be a popular proposition with the only real drawback being the length of time that the setting has been open and the lack of full accounting information.
The nursery has been acquired by a new entrant into the childcare sector who is looking to build on what has already been achieved at this popular setting. The business was sold off an asking price of £150,000 on a new lease in 8 weeks from the acceptance of the offer.
From day one this took off and 6 months into the project the now former owner was spending more time at the nursery than doing his day job of property developing! He then approached Amberglobe to try and find a buyer for this very young setting. We knew this would be a popular proposition with the only real drawback being the length of time that the setting has been open and the lack of full accounting information.
The nursery has been acquired by a new entrant into the childcare sector who is looking to build on what has already been achieved at this popular setting. The business was sold off an asking price of £150,000 on a new lease in 8 weeks from the acceptance of the offer.
Friday 7 March 2014
CORNERSTONES DAY NURSERY IN GLOUCESTERSHIRE SOLD
Nick Brown Valuations Director at Amberglobe comments, 'The owners of this nursery had done a fantastic job in
converting what was a former Pub into an ideal environment for a first class
day nursery and family home above. After seeing several agents the owners
decided to use Amberglobe as they felt we would be able to offer the advice and
experience that they were looking for. We advised to offer the nursery on both
a leasehold and freehold basis which generated a substantial amount of
interest. The nursery has now been sold on a leasehold basis with the option to
acquire the freehold in the future for the asking price to new entrants to the
market'
Once again Amberglobe have managed to find a buyer which met
the sellers expectation on price and to complete the deal we also helped
finance the buyer through our broker.
AMBERGLOBE SELL MANGO TREE DAY NURSERY IN LONDON
Amberglobe are delighted to announce the recent sale of
Mango Tree Day Nursery in Wembley.
Nick Brown Valuation
Director comments, ‘this nursery was very deceptive from the outside, located
within a shared community premises this 34 place nursery once you got inside
just kept on going! Registered for 34 children and boasting an annual fee
income of £105,000 this nursery was run by the owner and had gained an
excellent reputation for care’.
All of the team at Amberglobe had to work hard to complete
this deal as there were numerous issues with the current lease but with all
parties working together these were all resolved. This was the first time that
the owners had experienced the selling process so a steep learning curve, especially as the new
owners were also first time buyers but Amberglobe we are able to advise in the
process from start to finish. Accepting an offer in excess of the asking price
Amberglobe were delighted to secure the best possible price for this nursery in
a very buoyant market place.
Thursday 30 January 2014
SOLD POPULAR CHILDREN'S DAY NURSERY IN ROYSTON HERTFORDSHIRE
Amberglobe we delighted to be instructed to sell this established profitable day nursery which located on a light industrial estate on the edge of Royston. We were approached by the owner who lived in London and it was other members of his family who running the nursery on a day to day basis, due to impending retirement of one of the family members the nursery needed to be sold. With a realistic asking price and a targeted marketing campaign, amberglobe were able to find an existing operator who was keen to acquire this setting in a short space of time. The nursery was sold for the full asking price of £65,000.
AMBERGLOBE SELL LD CARE HOME IN HUDDERSFIELD
Amberglobe have recently completed the sale of an established learning difficulties care facility which was located in Huddersfield. With an impressive annual turnover of £400,000+ this opportunity was owned and managed by the sellers. This proposition was initially being offered for sale by another agent on a freehold basis with no success. After discussing the best route forward Amberglobe advised on a leasehold sale where the owners were able to retain the extensive freehold property and as well as receiving a lump sum for the goodwill fixtures and fittings they also have agreed a long term lease with an annual rent of £70,000. Which is an ideal way to achieve an impressive income but retain the interest in the freehold property.
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