Hooton Childcare sold through Christie & Co after over 30 years of ownership
Specialist business property adviser, Christie & Co, has announced the sale of Hooton Childcare in Ellesmere Port, Cheshire. Funding for the purchase was sourced through commercial finance specialist, Christie Finance.
Established in 1989 by its previous owners, Mr Mike and Mrs Helen Walter, Hooton Childcare is an attractive day nursery with effective operating capacity for 73 children and 22 ‘out of school’ places, offering a high-quality provision for ages 0-11-years.
The nursery is located within an affluent location, in a leafy suburb at the end of the Wirral Peninsula and sits in a Victorian former farmhouse property, boasting an impressive outdoor learning environment.
Mr and Mrs Walter decided to sell to pursue a well-earned retirement. Mr Walter comments, “We decided the time had come to think of retiring. It was always going to be difficult for us to ‘let go’ of a business we had started in our 20s, that had been such a huge part of our lives and was always more than just a business to us – it was like an extended family, and we needed to know that what we did was not only the best for us as a family, but protected our long serving and much appreciated staff. We met Sofia several times, and from the outset, were impressed with her professional attitude and deep understanding of the sector.”
Hooton Childcare has been purchased by childcare ‘preschool and out of school’ club operator, S4YC Limited. Speaking on behalf of the company, Managing Director, Mr David James, comments, “We are delighted to add Hooton Childcare into our family of settings, as this is our first independent nursery it is a very exciting time for S4YC. We would like to thank Mike and Helen for their commitment over the last 30 years and look to expanding the nursery brand and continuing the outstanding work that has gone before us.”
Sofia Beck, Associate Director at Christie & Co, comments, “I first met with Mike and Helen in 2016 and, after keeping in touch over the years, was pleased to assist them with their sale and exit plan. I know it wasn’t an easy decision for them to sell the nursery, but I hope the pair can now enjoy a well-deserved break and spend more time with family and loved ones.
“I wish David and S4YC Childcare lots of luck with their new addition. Hooton is the first private day nursery for the group and I’m sure the first of many!”
Speaking on behalf of Christie Finance, Managing Director, John Mitchell, comments, “It was great to be able to support David and Marc of S4YC Limited in acquiring their first freehold nursery. They are highly experienced childcare providers who are looking to establish a portfolio of nursery settings using their innovative ideas to enhance the overall childcare experience for the children and their parents. We wish them the very best in their new venture and we are delighted to have supported another childcare specialist in getting on the business ownership ladder.”
Hooton Childcare was sold at an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: email@example.com
Contact the agent:
Sofia Beck, Associate Director
P: 07736 616 687 or E: firstname.lastname@example.org