Selling a Nursery

Nurseries can be housed in many different types of properties which you may be looking to sell.

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Frequently asked questions when selling a nursery

✅ How are nurseries defined in the UK?

Nurseries are properties where childcare and often education services are offered for children ranging from as young as six weeks old through to 5 years old. They can be operated by private individual or companies, local authorities or others, and they might provide services for just a handful or children or up to 150 depending on the size of the property where it operates.

✅ Are nurseries freehold or leasehold properties?

Your nursery can be either a freehold or leasehold property, depending on the type of building in which it’s housed. Freehold properties are those where you are the outright owner of the building and the land on which it is located. Leasehold properties are those where you own just the building for a set number of years in exchange for paying the freeholder a ground rent.

✅ Can I sell my nursery if it has structural problems?

Yes, it’s possible to sell your nursery even if it has structural problems such as dry rot or subsidence. One option is to invest time and money in correcting the problem before selling, but this might not be possible for everyone. Instead, you can sell your nursery as is without fixing the problem by contacting a quick property buyer who will make a fast and fair offer.

✅ Will I have to pay Capital Gains Tax on the sale of my nursery?

It’s possible, particularly if you’ve never used the property as a private residence. It’s recommended that you consult with a tax professional who can help you identify where there is any way to reduce or eliminate your tax burden.

✅ What factors might affect the sale of my nursery?

There are a number of factors that could potentially make the sale of your nursey harder or easier, and not all of them are within your control. If the economy is suffering, it can make it more difficult to sell any kind of property. Alternatively, if your nursery is in a popular location and routinely makes a profit, this will be much more attractive to any potential buyers.

✅ What are the swiftest methods for selling a nursery?

The speediest way to sell a nursery will usually be with a quick buyer, as these companies are able to complete all the steps required in purchasing a property within a handful of weeks. Selling through an estate agent or on your own might take more than a full year, whilst using an auctioneer will take at least many months in order to complete all the required steps.

✅ Will I have to pay commission when selling my nursery?

If you sell your nursery through an estate agent or auctioneer then you will have to pay commission that will be subtracted immediately from any sale proceeds, which will add to your selling costs. However, if you sell on your own or sell your nursery to a legitimate no-fee quick buyer such as LDN Properties then you will not have to pay any commission on the sale.

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