3/19/2018 | Childcare & Education

Savile Park Day Nursery shines on with new owner

Specialist business property adviser, Christie & Co has sold Savile Park Private Day Nursery in Halifax, West Yorkshire on a freehold basis to expanding nursery operator, Shine Childcare Ltd.

The unique property is an attractive, large, detached, four storey former care home, which has been converted and refurbished to create a stimulating day nursery environment for children aged 0 - 5. With effective operating capacity for 112 children, the management run nursery has a consistent ‘good’ rating with Ofsted, and over the years has established an excellent reputation within the local community.

The previous owner, Mr Dhanilall Chummun, took the decision to sell the nursery to pursue retirement, and wanted to find a new owner who would continue the same ethos and who would be a suitable fit for his valued team of staff. 

The nursery was purchased by growing nursery group operator, Shine Childcare Ltd, who were finalists for the Nursery Management Today training and development award last year, making an excellent addition to an already impressive portfolio of three nurseries. Tiny Tree Day Nursery in Leeds, Little Angels Day Nursery in Huddersfield and Newbank House Private Day Nursery in Oldham are all rated ‘outstanding’ by Ofsted and have a five star rating with environmental health. 

Graham Abbott of Shine Childcare Ltd comments, “We are very excited to have acquired Savile Park Nursery and look forward to working with the staff team to continue and develop the excellent childcare provided, and build the business even further. Sofia Beck of Christie & Co contacted us about the opportunity right away, knowing that it would be a great fit for us and that we would recognise the future potential of the business and property. Sofia kept us well-informed throughout the entire sales process, offering good support and advice and demonstrating strong knowledge of the childcare sector.”

Sofia Beck, Childcare Agent at Christie & Co who managed the transaction comments, “Both Mr Chummun and Mr Abbott were fully committed to seeing the deal through to completion, with all of us working well together to ensure we overcame any potential hurdles. Communication and relationship building between a nursery owner and their proposed buyer really is key in ensuring a successful sale due to the sensitive nature of the business and all aspects involved.

I wish Mr Chummun the restful retirement which he has truly earned, and Shine Childcare all the best for their future and an undoubtedly successful expansion plan.”