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Towneley Park Nursery Ltd acquires second Lancashire setting

Specialist business property adviser, Christie & Co, has announced the leasehold sale of Tree Tots Nursery in Kirkham, Lancashire.

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Sofia Beck

Sofia Beck

Director - Childcare & Education

Tree Tots Nursery in Kirkham, Lancashire.

Tree Tots was established in 2007 by the previous owner, Emma Whittaker, who built the nursery organically after converting the former industrial unit to nursery premises. Today, it is a well-regarded, high-quality setting with an effective operating capacity for 90 children aged nought to five years. Along with versatile and vibrant indoor play areas, the nursery offers an imaginative outdoor activity and learning environment, providing a variety of learning activities for each age group.

Fully managed by an experienced and dedicated staff team, the nursery occupies a well-presented single-storey property in the densely populated town of Freckleton in Kirkham.

Following a confidential sales process with Sofia Beck at Christie & Co, the business has been purchased by existing nursery operators, Helen Harrison and Nigel Howarth of Towneley Park Nursery Ltd, who have a freehold setting in Burnley.

Helen Harrison, Managing Director of Townley Park Nursery Ltd, comments, “We are delighted to take over the ownership of this business, and look forward to the exciting challenge of working alongside the invaluable existing staff team to develop and enhance the nursery further so it reaches its full potential.”

Sofia Beck, Director – Childcare & Education at Christie & Co, comments, “The ‘new lease’ sale structure is growing more popular with nursery operators looking to exit and is often an attractive option for purchasers. In this case, the purchasers agreed a short-term lease with the vendor, acquiring the goodwill initially with a plan to buy the freehold property later down the line which, on this occasion, suits both parties. Tree Tots makes an excellent addition for Helen and Nigel, with their previous experience and developing business working to their advantage. I am pleased to have assisted Emma with her exit strategy and truly wish her all the best with the future of their groups, and I have no doubt each of their settings will continue to thrive under their dedicated ownership!

“It’s encouraging to see how active the nursery market has been in recent months, and great how local operators are fast growing their groups and showing a serious appetite for new opportunities.”

Tree Tots Nursery was sold for an undisclosed price.

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For further information on this press release, contact:
Phoebe Hill, Associate Director – Corporate Communications
P: 07540 063 598 or E: phoebe.hill@christie.com

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