STAMFORD ESTATE AGENTS

PAUL JOHNSON
PROPERTY CONSULTANTS & ESTATE AGENTS FOR STAMFORD, SOUTH LINCOLNSHIRE, RUTLAND, NORTHAMPTONSHIRE, CAMBRIDGESHIRE

SPECIALISTS IN RESIDENTIAL & COMMERCIAL SALES & LETTINGS

LAST UPDATED 21st September 2009

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TALLINGTON
£250,000
for the leasehold interest, goodwill, fixtures and fittings.

DESCRIPTION:  This is a well established Children's Nursery and after school facility for children aged 3 months to 13 years.  The business is well run by a mother and daughter team supported by 10 staff/nursery nurses.  The business has recently received a good Ofsted Report.
The business is conducted from a range of buildings standing in spacious grounds which extend to approximately 3 ½ acres which allows considerable scope for expansion.  The premises are well equipped and well decorated and meet with all current regulations. 

BUSINESS:  The business has performed well over the last few years and turnover has increased progressively.  Copies of the last four years accounts are available for inspection. 

LOCATION: Tallington is well-situated for access to Stamford, Peterborough, Bourne, Market Deeping and Spalding.

ACCOMMODATION:

Hall – 2 economy 7 heaters.

Baby Room - (17'0" x 21'0")
Stainless steel sink.  Handbasin.

Sleep Room – (11'9" x 9'10")

Office – (8'0" x 10'10")

Toddler Room – (19'5" x 25'9"(31'0" max))

Staff Room – (8'0" x 12'6")
Plumbing for washing machine and dishwasher. 

Kitchen – (13'8" x 11'6")
Stainless steel sink.  Handbasin.

Adult/Disabled Toilet
WC.  Handbasin.

Pre-School Room – (31'5" x 19'10")
Stainless steel sink.  4 economy 7 heaters.

Children's Toilet – (9'0" x 16'0")
4 cubicles.  4 basins.

AFTER SCHOOL CLUB (HOLIDAY CLUB)

Room – (15'7" x 31'0")
3 economy 7 heaters. 

2 WC's.   Kitchen.  Cloak Room.

OUTSIDE:  Side play area.  Rear paved play area.  Lawn.  2 Steel Sheds + 1 wooden.  Marquee.  Side lawn.  Wooden fencing.  Large car parking area to front.

  THE LEASE:  The property is held on a twenty year lease at a rent of £6,000 per annum from 1st January 2004 with rent review every five years. 

SERVICES:  Mains water and electricity.  Private drainage. None of the services, heating systems or equipment has been tested by the Vendors or the selling agents and purchasers should satisfy themselves as to their condition and suitability.

BUSINESS RATES:   Rateable value £9,100.00 - current charge £4,204.20 payable to South Kesteven District Council.

DIRECTIONS:  From Stamford take the A16 east through Uffington to Tallington. Cross over the railway crossing and take the next left turn just after the Garage and Farm Shop into Barholm Road, the Nursery is on the right opposite the Farm Shop entrance.

INSPECTION:  Easily arranged by prior appointment through Paul Johnson Property Consultants.  If you are travelling a long distance, please telephone before departure to ensure the property is still available.

INTERESTED?:  All offers and negotiations to be conducted through Paul Johnson Property Consultants, subject to contract.

MORTGAGES:  Available through Paul Johnson Property Consultants, subject to status.  Written quotations on request.  Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.  2319    15/03/08

These particulars do not consititute any part of an offer or contract.  None of the statements contained in these particulars are to be relied on as statements or representations of fact and any intending purchaser must satisfy themselves by inspection or otherwise to the correctness of each of the statements contained in these particulars.  The Vendor does not make or give and neither Paul Johnson Property Consultants, nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation hereto.