Pam Estates

property for sale

 Jervoise Lane, West Bromwich
£450,000

Property Information

  • Reference number 103343000113
  • Property Type Commercial

Location

Jervoise Lane, West Bromwich

Property description

LOCATION
Located just off the prominent Walsall Rd (A4031), the premises is close to public transport routes with very busy passing trade.

DESCRIPTION
The current tenants "Banana Moon Day Nursery" have been operating from Jervoise Lane, since 2015. The business is very well known and has an excellent reputation in the area with a large base of customers. The nursery is registered for 50 children between the ages of 0 and 5. Most custom is generated by word of mouth with little advertising required.

ACCOMMODATION
"Banana Moon Day Nursery" operates from a large detached property, the business is well branded with large signage to the front of the entrance. Inside, you initially enter into a hall way which leads to a pre-school room which caters for children from three years up until they start school, the area is well equipped with a variety of toys and learning equipment a long with a comfy book reading area. The hallway also leads to a toddler room which caters for children two to three years this area is also well equipped with a range of toys and learning equipment. There is a baby room which caters for children from 3 months to 2 years, On the ground floor are also toilet facilities, Kitchen, office, staff room, cloak room and two storage rooms one of which has an additional toilet inside.

The business also has a large outdoor play area fully equipped with a range of outdoor use toys and equipment.

The business has a holiday club for 4-11 year old children throughout the school holidays.

TERMS
We have been advised by our client the tenure is freehold. Current tenant has a renewable lease with 6 years remaining on FRI terms, paying rent at £30,000 per annum.

OUTGOINGS
Applicants are asked to make their own enquiries with Sandwell Council with regard to the rates / council tax payable.

LEGAL COSTS
Each party to be responsible for their own legal costs.

VIEWING
By appointment only through sole agents Pam Estates Ltd

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