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Recent Case Studies
First Time Buyer for Tots Corner
Region: Suffolk
Name: Tots Corner Nursery School
Registration: 30
Buyer: Confidential
Seller: Mrs Munroe-Smith
Asking Price: £77,500
Leasehold Agent: Redwoods Dowling Kerr
Tel: 0845 223 2048
This impressive children’s day nursery occupies a prominent position in an
attractive village setting easily accessible from the main road. The village
lies within an hour’s drive of the M25 and consequently has a thriving and
affluent community.
The nursery is well presented and thoughtfully designed, the play areas use
pastel colours and are all child centric in design. The property is held on a
10 year lease which was renewed in January 2008 when the nursery relocated to
its new premises. Since relocation the nursery has enjoyed rising fee income
with good projections.
Redwoods Dowling Kerr sold Tots Corner to first time buyers off an asking price
of £77,500 for the lease.
Kim Radley, Childcare Specialist at Redwoods Dowling Kerr comments “Due to the
previous owners relocation this was an accelerated sale after plenty of time,
money and effort has been put in to create this fantastic opportunity. The new
owners are sure to reap rewards from this in the future”.
For further information about selling your day nursery please contact Redwoods
Dowling Kerr on 0845 223 2048, email
childcare@redwoodsdk.com
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Occupation agreement sells in 8 weeks
Region: Middlesex
Name: St James Church Day Nursery
Registration: 30
Buyer: Confidential
Seller: Mrs Mcintyre
Asking Price: £75,000 Occupational Agreement
Agent: Redwoods Dowling Kerr
Tel: 0845 223 2048
This well known nursery in Middlesex has recently sold through leading broker
Redwoods Dowling Kerr off an asking price of £75,000 for the occupational
agreement.
Set in the grounds of a Church Centre it is easily accessible from the M40, M4
and M25 motorways and is a successful business that has a healthy income. The
nursery occupies a main area within the centre, there is secure access with
ample off road parking to the front and an outside play area adjacent.
Kim Radley, Childcare Specialist at Redwoods Dowling Kerr comments “Mrs
Mcintyre approached us as she was unsure whether her nursery was saleable
because she did not own a lease on the premises. Having many years experience
dealing with these type of sales we were able to give her an accurate
valuation. Within 8 weeks of instruction this business was sold, a record sale
and a fantastic outcome for Mrs Mcintrye who was unsure if she could even sell
the business she had worked hard to establish”.
For further information about selling your day nursery please contact Redwoods
Dowling Kerr on 0845 223 2048, email
childcare@redwoodsdk.com
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Bourton on the Water Post Office
Bourton on the Water Post Office has recently been
sold on behalf of vendor, Mr Weimers. The business, which is located on the
High Street in the village of the same name, sold off an asking price of
£175,000 with agents, Redwoods Dowling Kerr.
The Post Office is housed within an attractive Cotswold stone property and also
sells newspapers, cards, gifts and confectionery, which generates a good
income. In addition to the main business, there is a recently established
coffee shop and takeaway directly opposite, which has much potential to develop
and adds another string to the bow for new owner, Mr Watson.
The business, which sold on a leasehold basis, offers an excellent way of life,
situated in a most charming part of the Cotswolds and benefiting, as it does,
from an exceptional two bedroom flat.
Julia Briggs, sales negotiator handling the sale of the Post Office, comments,
"This is a charming business and home that rarely becomes available in this
part of the country. I am sure that Mr Watson will continue to build upon the
excellent foundations that the previous owner put in place."
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The Kings Arms,
Cheltenham, Gloucestershire
The Kings Arms, an attractive public house in the
affluent spa town of Cheltenham, has been sold. The vendor, Miss Cremin,
appointed specialist agents Redwoods Dowling Kerr, to handle the sale which
sold off an asking price of £85,000 for the leasehold.
Sales negotiator at Redwoods Dowling Kerr, Kim
Radley, comments, "The Kings Arms is well situated within a densely
populated residential area in a very desirable town. The business has been
generating weekly sales of approximately £6,500 and this, together with the
pleasant living accommodation, made The Kings Arms a very inviting proposition.
The previous owners have built up the business over the last
seven years and established an excellent reputation with a loyal customer base,
something which I am sure the new owner, Mrs Murphy, will be glad of."
There is a lot going on at this pub, with darts and pool teams,
support for the local football team and greatly increased trade throughout the
racing fixtures and festival dates. There is an outside decked area with
heating and retractable covers and planning permission has been granted for a
single storey extension to the rear; this opens up a wealth of opportunity for
the new owner and a number of avenues on which to concentrate her efforts.
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Westwood House Dorchester,
Dorset
Westwood House, an attractive guest house in
Dorchester, has been sold. The business was sold on behalf of vendors, Mr &
Mrs Miller, by agents, Redwoods Dowling Kerr off an asking
price of £570,000.
The freehold guest house is situated within an impressive Georgian building and
comprises seven en suite letting bedrooms; two of the rooms boast spa baths and
all rooms are decorated and maintained to a very high standard. On the ground
floor is an office, kitchen, a conservatory/breakfast room with outside
terraced area, and a large guests' lounge.
Situated in the centre of the historic town, Westwood House is well placed to
attract passing custom as well as repeat trade, and as such, generates a good
income. The business was acquired by Mr Stevens who already has experience
within the industry.
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Brixton General Stores & Off
Licence
Redwoods Dowling Kerr is pleased to announce the
sale of Brixton General Stores and Off Licence, a business
located in the village of Brixton, near Plymouth.
The business was sold to new owners, Mr & Mrs Herbert, who had relocated to
the area, within three months, and provides an excellent home for all the
family, as well as a good income. Situated amidst the Devon countryside and in
close proximity to the coast, the business could not be better placed and
generates much business from passing and tourist trade, as well as local
custom.
Stephanie Brown, the sales negotiator handling the sale of Brixton General
Stores, comments, "Brixton General Store is a fantastic business that
enjoys an excellent income but also offers good size four bedroom living
accommodation. Mr & Mrs Herbert had moved to the area with their family and
were looking for just such a business; this ticked all the boxes."
The property benefits from a spacious sales area, private entrance to a large
four bedroom home, private gardens and an outside pool.
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Skyecroft Boarding Kennels
Skyecroft Boarding Kennels and Cattery, a well
established business located in County Durham, is now sold. Situated close to
Bishop Auckland, whilst also benefiting from an idyllic rural position, the
business has an outstanding reputation and much repeat and regular custom.
Skyecroft, which is registered for 68 dogs and 24 cats, was sold through agents
Redwoods Dowling Kerr, on behalf of Miss Knowles, who was looking
to emigrate. The business is well established and everything put in place for
new owner, Mrs Smart to take over the running with little difficulty.
The business comprises 24 cat pens and 23 kennels, all with outside runs. There
are 12 further outside kennels, one holding pen and another block consisting of
four family and eight single kennels with outside runs. In addition, there is a
reception area, pet kitchen, storage facilities, a grooming parlour, stables
and a paddock.
The property is not just a business but also a home and includes
extensive three bedroom living accommodation which provides the great lifestyle
that Mrs Smart was looking for.
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