5/11/2017 | Childcare & Education

Christie & Co sells Team Valley Nursery Ltd to first-time buyer

Specialist business property adviser, Christie & Co has announced the sale of Team Valley Nursery Limited in Gateshead, Tyne and Wear. on a long leasehold basis to Miss Siebel, a new entrant to the sector.

The impressive nursery business is complimented by four successful out of school clubs and is located on Gateshead’s Team Valley Trading Estate.

The previous owner, Mrs Chapman set up the business in 2005 building an excellent reputation amongst the local community and providing a high quality level of childcare within a secure and nurturing environment for children up to the age of 11.

The main nursery operates from a single storey property, offering almost 1,000 sq metres of building space which was previously used as an adults’ training centre. The purchase also includes two separate properties located within the same site which are currently used as rented residential accommodation and offices with storage, generating further income for the company.  

Sofia Beck, Business Agent at Christie & Co who handled the sale comments, “After taking the decision to exit the sector to focus on family life and other career projects, Mrs Chapman approached me after being unsuccessful with another company and we were able to introduce Miss Siebel who was looking to take her first steps into the childcare sector. With limited experience and requiring support with her funding for this acquisition, our sister company Christie Finance assisted in order for this deal to be completed.”

Mrs Chapman comments, “I contacted Christie & Co after the original buyer had frustratingly fallen through.  Sofia Beck of Christie & Co immediately understood the reputable positioning and strength of Team Valley Nursery Ltd. Within two months of going back on the market I received not only a lot of interest but several offers.  I decided to accept the offer made by Miss Siebel who I felt had the drive, energy and ambition to push Team Valley Nursery Ltd further forward.

“Finding a good match was extremely important to me – it was imperative that the new owner would fit well within the existing structure and philosophy. I don’t think a more perfect match could have been achieved. I sincerely respect and appreciate Christie & Co for their professional, friendly and persistent approach in getting sales across the line.”

Miss Siebel comments, “I found Christie Finance when I was looking to purchase a nursery. It's been a long-term ambition of mine to be able to provide high quality childcare for the local community. I am ever so grateful to Christie Finance, who introduced me to this lovely lady, Mrs Samantha Chapman. Samantha and Christie Finance gave me such great support all the way, which I was overwhelmed by.

“Let me take the opportunity to express my gratitude to Mrs Samantha Chapman and Christie Co who both made it possible to realise my dream - thank you. I am very excited and looking forward to be working with the great team at The Valley Nursery & Kids Club, and continuing to provide outstanding childcare to our local community.”