Showing posts with label Children's Day Nurseries for Sale. Show all posts
Showing posts with label Children's Day Nurseries for Sale. Show all posts
Tuesday, 17 July 2012
Day Nursery in Cheshire comes to the market
Amberglobe has recently been instructed to sell this established Children's Day Nursery which has a bustling location in this well populated residential area in Cheshire.Run under management this nursery is deceptively spacious and boasts an ideal inner play courtyard. Registered for 38 children this nursery is being sold on a leasehold basis with the option of a freehold sale. Viewing is highly recommended to fully appreciate. http://www.amberglobe.co.uk/Impressive-Leasehold-Nursery-ref-2571
Day Nursery In Berkshire For Sale
Amberglobe has recently been instructed to sell this established small Day Nursery in Berkshire. With a prime trading position in a high profile location the nursery is currently registered for 20 children with a growing annual fee income of £102,000. This nursery is well equipped unopposed under more hands on ownership this is a perfect venture for new owners to take their first steps into the childcare sector. Viewing is highly recommended.http://www.amberglobe.co.uk/Popular-Nursery-in-Berkshire-ref-2562
Monday, 21 May 2012
Established Nursery Comes to Market
Amberglobe have recently been instructed to sell this established, popular nursery which is located in Worcestershire. Located on a high profile school site this nursery trades from a most impressive deceptively spacious modular building, which is included in the sale. With a growing annual fee income of £170,000+ this is a perfect opportunity for buyers taking their first steps into the childcare marketplace. http://www.amberglobe.co.uk/basic_details.aspx?ref=2552
Wednesday, 21 March 2012
Children's Day Nursery Instructions
Been a flurry of high quality Children's Day Nurseries coming to the market. I have just been instructed on 2 extensive Freehold nurseries and 1 high turnover Leasehold setting all in the central belt of the country. www.amberglobe.co.uk
Thursday, 15 March 2012
Signs of the Market Hotting Up
Today we did our fastest deal for many months. http://www.amberglobe.co.uk/sales.aspx Within only 3 weeks of listing a children's nursery for sale http://www.amberglobe.co.uk/search.aspx?T=Childcare we now have an accepted offer from a fully funded cash buyer.
I must say that we have noticed a major increase in enquiries for day nurseries. Four weeks ago we listed a nursery for sale in Surrey. Within the first week we had 25 viewing requests!! It then went to sealed bids and we now have an accepted offer above the asking price.
There's no question that day nurseries as a general sector have stood up very well over the last two years of recession conditions. Banks have continued to lend to buyers of nurseries and provided the quality of care is top notch, nurseries have continued to be very profitable businesses to own.
Check out all our other businesses for sale on http://www.amberglobe.co.uk/
I must say that we have noticed a major increase in enquiries for day nurseries. Four weeks ago we listed a nursery for sale in Surrey. Within the first week we had 25 viewing requests!! It then went to sealed bids and we now have an accepted offer above the asking price.
There's no question that day nurseries as a general sector have stood up very well over the last two years of recession conditions. Banks have continued to lend to buyers of nurseries and provided the quality of care is top notch, nurseries have continued to be very profitable businesses to own.
Check out all our other businesses for sale on http://www.amberglobe.co.uk/
Tuesday, 9 August 2011
Much like the wider economy activity remains steady but nothing to write home about. We are continuing to see reasonable levels of buyer interest but we are also seeing continued if not greater caution on the parts of buyers and their lenders. http://www.amberglobe.co.uk/search.aspx
One recent trend that has emerged is the role that solicitors are playing in a sale...or should I say their lack of it! Because the legal market has tightened and become very competitive on price we are seeing that solicitors who have provided a fixed price quote for a sale or purchase are refusing to deviate from their quoted work, so that for example they will not follow up or chase a landlord for his/her consent to an assignment of lease. This is frankly very time-consuming and landlords and their solicitors are usually in absolutely no hurry whatsoever to do the work. This can have a massive effect on how long it takes for a sale to complete and we are seeing deals collapse purely because of this, which is very frustrating for our clients.
As I have mentioned previously we have set up a joint venture with a highly experienced solicitor http://amberglobelegal.com/page/about/26/ who is consistently under-cutting other firms while still providing the type of service that you would expect. If you have not yet instructed a solicitor on your sale I would strongly urge you to get a quote from our solicitor....not only will you save yourself a great deal of money but you will also get a full legal service while considerably reducing the chances of your sale falling over. Her name is Naushad Rahman and she can be contacted at http://amberglobelegal.com/quote.php
http://www.amberglobelegal.com/
http://www.amberglobe.co.uk/
One recent trend that has emerged is the role that solicitors are playing in a sale...or should I say their lack of it! Because the legal market has tightened and become very competitive on price we are seeing that solicitors who have provided a fixed price quote for a sale or purchase are refusing to deviate from their quoted work, so that for example they will not follow up or chase a landlord for his/her consent to an assignment of lease. This is frankly very time-consuming and landlords and their solicitors are usually in absolutely no hurry whatsoever to do the work. This can have a massive effect on how long it takes for a sale to complete and we are seeing deals collapse purely because of this, which is very frustrating for our clients.
As I have mentioned previously we have set up a joint venture with a highly experienced solicitor http://amberglobelegal.com/page/about/26/ who is consistently under-cutting other firms while still providing the type of service that you would expect. If you have not yet instructed a solicitor on your sale I would strongly urge you to get a quote from our solicitor....not only will you save yourself a great deal of money but you will also get a full legal service while considerably reducing the chances of your sale falling over. Her name is Naushad Rahman and she can be contacted at http://amberglobelegal.com/quote.php
http://www.amberglobelegal.com/
http://www.amberglobe.co.uk/
Thursday, 2 September 2010
August Market Report
If people ask me how is the market I would call it “brittle”, it’s growing steadily and there are significantly more deals being done by us than 12 months ago but all that being said you get the feeling that one hard knock could send things back to where they were. Probably like you, I pore over the papers looking for encouraging signs of economic recovery, but the problem is that you read all these contradictory reports. My pet theory is that there are so many hedge funds out there betting on falls in the market who are putting out bad news as a way to fuel the unease and cause the market to fall, that the whole thing becomes a self fulfilling prophesy.
I certainly hope that George Osborne has got it right and isn’t going to take all the air out of the balloon with his Budget cuts in October!
The banks are behaving a bit better although the people on their credit committees are still in charge and are being very careful with the deals they approve. I heard a story the other day that one member of a bank’s credit committee had told a business broker that he didn’t trust his commercial managers to lend sensibly, which was a pretty startling revelation.
The latest news is that house prices have now been falling for three months in a row and there are going to be significant further falls in the housing market. Frankly I don’t see that. Have you heard of dramatically cut house prices in your area and people snapping up bargains? No, nor have I. What I have seen is over-priced houses being sold at what were always the right prices for those properties in the first place. In other words what we are seeing is the housing market performing sensibly with houses being sold for what they are worth. Interest rates are at an all time low and many highly geared owners in negative equity have been able to hold onto their houses so long as they are still employed. In fact house owners with a small mortgage and a steady income are in pretty good shape right now with their mortgage interest payments accounting for only a small percentage of their household income. Property prices are now back at the same levels they were in 2007 which means that they have already fallen some 20-30% in real terms. But, by the same token, I don't see property prices rising either and that's because banks will stay cautious with their lending and property in the UK is expensive and still unaffordable to first time buyers. In the current market houses are and will take longer to shift because buyers cannot borrow as much as they had initially hoped, so if you have a vendor who won’t lower his price and a purchaser who cannot raise his offer, you have a property that will stick on the market. The only way to break that deadlock is for vendors to accept that they are unlikely to get the price they want.
This is also true in the business sales market although there are one or two crucial differences: (1) house buyers can wait until they get what they want while business buyers need to buy because the longer they wait the more they eat into their capital/savings which reduces their buying power; and (2) business buyers are less emotional than house buyers, fundamentally they are buying an income stream so if they can’t buy one business at the right price, they will move onto the next one.
We continue to hear stories of vendors being told by agents that their properties are worth absurd prices. Frankly I am always amazed that these vendors can be taken in by such nonsense when surely every bone in their bodies must be screaming that it must be too good to be true. Business buyers are sensible people and they very seldom over-pay; there are too many checks and balances in place nowadays for that to happen, from their accountants and bank managers giving them advice through to their having looked at 5-10 other similar businesses before they see yours; and then there is the bank valuation - almost every business purchase is subject to one.
Traditionally July and August are quiet months when many buyers are away, however we noticed that activity over the last two months went in waves with periods of pandemonium followed by days of calm. I think this was a reflection of people spreading their holidays across the two months, rather than taking them in one block.
If you would like to discuss any aspect of the sale of your business with us then please do not hesitate to contact us on 0800 707 6370.
http://www.amberglobe.co.uk/
I certainly hope that George Osborne has got it right and isn’t going to take all the air out of the balloon with his Budget cuts in October!
The banks are behaving a bit better although the people on their credit committees are still in charge and are being very careful with the deals they approve. I heard a story the other day that one member of a bank’s credit committee had told a business broker that he didn’t trust his commercial managers to lend sensibly, which was a pretty startling revelation.
The latest news is that house prices have now been falling for three months in a row and there are going to be significant further falls in the housing market. Frankly I don’t see that. Have you heard of dramatically cut house prices in your area and people snapping up bargains? No, nor have I. What I have seen is over-priced houses being sold at what were always the right prices for those properties in the first place. In other words what we are seeing is the housing market performing sensibly with houses being sold for what they are worth. Interest rates are at an all time low and many highly geared owners in negative equity have been able to hold onto their houses so long as they are still employed. In fact house owners with a small mortgage and a steady income are in pretty good shape right now with their mortgage interest payments accounting for only a small percentage of their household income. Property prices are now back at the same levels they were in 2007 which means that they have already fallen some 20-30% in real terms. But, by the same token, I don't see property prices rising either and that's because banks will stay cautious with their lending and property in the UK is expensive and still unaffordable to first time buyers. In the current market houses are and will take longer to shift because buyers cannot borrow as much as they had initially hoped, so if you have a vendor who won’t lower his price and a purchaser who cannot raise his offer, you have a property that will stick on the market. The only way to break that deadlock is for vendors to accept that they are unlikely to get the price they want.
This is also true in the business sales market although there are one or two crucial differences: (1) house buyers can wait until they get what they want while business buyers need to buy because the longer they wait the more they eat into their capital/savings which reduces their buying power; and (2) business buyers are less emotional than house buyers, fundamentally they are buying an income stream so if they can’t buy one business at the right price, they will move onto the next one.
We continue to hear stories of vendors being told by agents that their properties are worth absurd prices. Frankly I am always amazed that these vendors can be taken in by such nonsense when surely every bone in their bodies must be screaming that it must be too good to be true. Business buyers are sensible people and they very seldom over-pay; there are too many checks and balances in place nowadays for that to happen, from their accountants and bank managers giving them advice through to their having looked at 5-10 other similar businesses before they see yours; and then there is the bank valuation - almost every business purchase is subject to one.
Traditionally July and August are quiet months when many buyers are away, however we noticed that activity over the last two months went in waves with periods of pandemonium followed by days of calm. I think this was a reflection of people spreading their holidays across the two months, rather than taking them in one block.
If you would like to discuss any aspect of the sale of your business with us then please do not hesitate to contact us on 0800 707 6370.
http://www.amberglobe.co.uk/
Subscribe to:
Posts (Atom)