There is an existing nursery on the site at Al Manaar which has been in business for over 15 years. We can enable them to take on additional children in the new space. There is also the option to take over and manage this ourselves, although this is less desirable due to high costs and time involved with regulation.
Background: There is a robust and lively community in the Royal Borough of Kensington and Chelsea (RBKC), (especially around Al Manaar), who tend to be active professionals with young families. There is strong demand for childcare across the United Kingdom, and particularly this borough for the provision of childcare for infants from 0 to 5 years.
Many nurseries in the area charge over £2000/ month without government funding. There are no other nurseries or pre-schools in the vicinity with comparable premises, parking or road-side visibility.
PROBLEM: There is a shortage of nurseries and community-led childcare in the area.
SOLUTION: This is a stable business for which an operator can take a long teram lease within community building.
Al Manaar currently rents space from its building to a nursery business. There is a potential for this business to move to the new site and expand the number of spaces. The projected setting can hold 45 children full-time. The approx market fees this number can generate per child is £815.1/ month which equates to a maximum monthly revenue of £33000 to £36,675. (with Capacity of 1500 Square feet).