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19 June 2019 | Childcare & Education

Long standing Swansea day nursery on the market through Christie & Co

Specialist business property adviser, Christie & Co has brought to the market Lakeside Day Nursery, located just outside Swansea, South Wales, after over 20 years under the current owner.

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The substantial nursery has an effective operating capacity for 128 children and features age specific rooms for learning and play set across two storeys, plus an outdoor activity area. Due to the size of the site, it also provides plenty of room to expand.

Established in 1997, Lakeside has built up a highly regarded reputation in the local community for quality day care and providing freshly prepared food by an onsite cook, offering the children three meals a day.

Situated in a prime location within a business park, Lakeside is accessible via major commuter routes to Swansea, Neath, Carmarthen, Port Talbot and Cardiff, with a substantial residential population in the area, making it ideal for busy parents to pick up and drop off. The business has also developed strong relations with several employers within the area over the years, providing good referrals and consistent occupancy.

The local area has an array of footfall opportunities including hospitals, national businesses, universities and shopping parks. The business offers the opportunity for minimum involvement due to the highly trained team and levels of business, developed through its strong reputation. 

Lakeside was established by the current owner, Tammie Barker, over 20 years ago, who up until recently also operated the business, which has since been run under the well qualified and experienced management team. Mrs Barker has decided to sell for health reasons and comments, “It is a wonderful nursery with a very experienced loyal staff team. Lakeside is unique setting within a thriving and growing business park and there is an established community that is expanding with many new housing estates.” 

Jassi Sunner, Senior Business Agent at Christie & Co is handling the sale and comments, “Benefiting from a prime location in a beautiful part of the country, this is the chance to acquire an established day nursery, fully managed and with high occupancy based on an excellent reputation. 

“This would be ideal for a local operator to maintain the existing reputation or even for an external buyer looking for an investment opportunity.”

Lakeside Day Nursery is on the market at an asking price of £1,100,000 for the freehold interest.