5/22/2017 | Childcare & Education

Christie & Co facilitates sale of day nursery development land

Specialist business property adviser, Christie & Co announces the sale of a day nursery development site located in Christchurch in Hampshire. The original owners had acquired the land and gained the D1 planning permission so their daughter would be able to build and start her own nursery, which unfortunately did not come to fruition.

Christie & Co was invited by the owners to find a buyer who could make the most of the planning permission which had been obtained for a 40 place day nursery. The development plot sold for the asking price of £150,000.

Nick Brown, Director at Christie & Co comments, “The opportunity created a lot of interest and has been acquired by a developer who is keen to build the day nursery property and then potentially let this as a turnkey opportunity. Demand by buyers for similar opportunities across the country is very high and this is another example of how we are able to match up a willing buyer and keen sellers in a short space of time.

“Development sites with D1 planning permission do not frequently become available in the Hampshire area. Obtaining planning permission can be a stressful and time consuming process at the best of times but especially in areas of natural outstanding beauty such as the New Forest where adhering to strict planning regulations can make sourcing and securing new development sites even more challenging.”