Local operator acquires two Cheltenham nurseries
Specialist business property adviser, Christie & Co has brokered the sale of Desirable Childcare Ltd, a group of two leasehold nurseries in Cheltenham, Gloucestershire.
The nurseries, which have a combined capacity of 69, had been operated by previous owners Mr & Mrs Warwick for over 10 years. The group has been acquired by experienced local operator, Natural Choice Nurseries Ltd, bringing their total number of settings to four, with a combined capacity of 160.
Natural Choice Nurseries Ltd is a family-run business operated by husband and wife team Nicky and Fred Edwards. Their two existing settings are located in South Gloucestershire in the villages of Alveston and Charfield, near Wotton-under-Edge.
Corrina Jones, Childcare Business Agent at Christie & Co handled the sale and comments, “It has been a pleasure to assist Dan and Caroline Warwick with the sale of their business. We wish them all the best moving forward in spending time with their growing family and with their new business ventures.
“We received extensive interest in the nurseries and it was felt that Natural Choice Nurseries Ltd was the perfect candidate to drive the business forward. We are confident that the business will go from strength to strength under the guidance of Nicky and Fred.”
Nicky comments, “We had been looking to expand for a little while, but the new nurseries needed to be a good fit with our existing business ethos. Corrina spent time with us to understand our needs and Desirable Childcare turned out to be just what we had been looking for. The deal went through very smoothly in under three months.”