Award-winning family-owned Winchester day nursery sold for the first time
Specialist business property adviser, Christie & Co, has announced the freehold sale of Kingsmead Day Nursery in Winchester, Hampshire.
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Established in 1989 by Helen Gaskell, Kingsmead Day Nursery has steadily grown to become a fundamental part of its local community. Her mission was to help children fill their own “buckets” with love, resilience, curiosity and courage, and to develop their natural desire for learning through their interests. Helen started the nursery when she had her own children, Emily and Chris, who, now grown up, have worked alongside Helen to make the nursery the success it is today.
At any one time, the nursery takes up to 57 children and has been recognised for providing quality provision through a platinum #justquality award. It is conveniently located in the centre of Winchester, next to a large car park making it the ideal option for local and commuting parents.
Helen recently decided to sell to retire from the sector and Emily and Chris plan to focus on other interests and careers outside of the sector.
Following a confidential sales process with Sophie Willcox at Christie & Co, the nursery has been purchased by Grandir UK, taking the group to 83 settings across England.
Emily Walker, former owner of Kingsmead Day Nursery, comments, “We are delighted to have found the perfect match for Kingsmead!”
Lydia Hopper, CEO at Grandir UK, comments, “I am delighted to welcome Kingsmead Day Nursery in Winchester to Grandir UK. The nursery, established in 1989, has enjoyed an excellent reputation in Winchester. We are looking forward to continuing to provide an environment where the children, families and nursery team can learn, grow, and thrive together.”
Sophie Willcox, Director – Childcare & Education at Christie & Co, comments, “Kingsmead is a unique, special nursery. Helen and Emily’s passion shone through at our first meeting, and I was not surprised to be inundated with interest from a variety of buyers so quickly. We went under offer within two weeks of marketing the setting and were in receipt of multiple offers during that time. The quality of provision, strong team, and a well-maintained asset were attractive for many buyers, and I am glad to have found the right party to carry on their legacy. This is another example of the demand we are seeing for premium quality settings in the South.”
Kingsmead Day Nursery was sold for an undisclosed price.
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For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 07540 063 598 or E: phoebe.burrows@christie.com
Visit Christie & Co’s Business Search page to find out more about current childcare listings.