£160,000

Property for sale

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Business

£160,000

Property for sale

Bargoed, Wales, United Kingdom CF81

Local area information

Property location

Nearby amenities

  • Aberbargoed Primary School 0.1 miles
  • Bargoed 0.3 miles
  • Ysgol Bro Sannan 0.4 miles
  • Gilfach Fargoed 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Business
Please quote reference B07199

Hilton Smythe are delighted to welcome to the market 1st Steps Day Care ltd, a highly rated childrens nursery trading from Aberbagoed.

The business was established by our client in 2015, building up an excellent reputation and loyal client base during its many years of trading.

1st Steps Day Care ltd has now come to the open market due to our clients desire to retire.

1st Steps Day Care ltd is a full children's day care nursery offering full-time and part-time placements, as well as wraparound care. They provide care for children aged 0-7, and also offer holiday club care, breakfast club and afterschool club care. They have a number of funded placement options like Flying Start funded placements, Childcare Offer funded placements, Assisted and Supported Funded Placements.

Key selling points -


  • They're the biggest childcare provider in the area.
  • Great word of mouth reputation.
  • Situated in the area which is first for the 2 year old expansion offering all 2 year olds in Wales free childcare.
  • Local staff.
  • Nursery Managers in place
  • Good working relationships with Local Schools and the Local Authority.
  • Recently approved for a Capital Grant investment from Welsh Government of £50,000


Location
1st Steps Day Care ltd is located in Aberbagoed.

Premises
Aberbagoed -


  • Basement room - Staff room & kitchen, staff toilet, spare room to expand, access to the outdoor play area.
  • Ground floor - 2 foyers, office, kitchen, lift, quiet room, messy play room, large play space registered to care for 44 children 3+, children’s toilets, large storage room.
  • First floor - Lift, 2 baby rooms registered to care for 17 babies, 1 toddler room registered to care for 16 children, milk room, children’s toilets, sleep room, storage room.
  • External - Standalone detached building. Large outdoor play area. Signage front and back of building. CCTV on interior and exterior. Intercoms to enter premises. Plenty of car parking.


Tenure
We are advised that all the nursery businesses are being sold on a leasehold basis.

Aberbargoed is currently on a 5 year lease, with the rent at £2,000 per month.

Hours
The current trading hours are -

Monday - 07:30 – 18:00
Tuesday - 07:30 – 18:00
Wednesday - 07:30 – 18:00
Thursday - 07:30 – 18:00
Friday - 07:30 – 18:00
Saturday – Closed
Sunday - Closed

Staff
We are advised that the businesses is staffed. Further information can be made available upon request.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £310,000 and projected to exceed £400,000 in 2023. Further financials can be made available upon request.

More information

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