New owners for Addlestone day nursery in impressive church setting
Specialist business property adviser, Christie & Co, has announced the sale of Bear Hugs Nursery in Addlestone, Surrey.
Bear Hugs Nursery was established in 2015, with Fiona Fox as the manager and later becoming the owner in 2016. She has been committed to enhancing the development and education of children through an environment that is safe, secure, and stimulating. The nursery operates from a Methodist church hall and garden, with the capacity to care for up to 33 children aged two to five years. The nursery has an excellent staff team who have been in situ for a while and will continue with the new owners.
Following a confidential sales process with Sophie Willcox at Christie & Co, Bear Hugs Nursery has been purchased by Neal Chamberlain and John Wardle who own Youngstars - a successful London-based nursery, after-school club, and holiday camp business.
Fiona Fox, previous owner, comments, “It has been a smooth and calm process with good communications between Sophie, myself, and the buyers, and I am confident the nursery and its staff are in safe hands with Neal and John. I look forward to seeing how they take the nursery forward in the future.”
John Wardle, Director at Youngstars, comments, “We're delighted to add Bear Hugs to our growing chain of settings and look forward to continuing the incredible work of Fiona and her team in maintaining Bear Hugs’ outstanding reputation and high standards.”
Sophie Willcox, Director – Childcare & Education at Christie & Co, comments, “We are delighted to have completed the sale of Bear Hugs, and Fiona and I agree that Youngstars is the perfect home for her business. I wish Fiona all the very best for the future and hope the nursery continues to be a success!
“So far this year, we have completed freehold and leasehold nurseries, an after-school club, group portfolios, and nurseries that operate from a variety of settings including a church, like here, proving that there is a market for all types of business.”
Bear Hugs 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
Contact the agent:
Sophie Willcox, Director – Childcare & Education
P: 07736 620 855 or E: sophie.willcox@christie.com
Visit Christie & Co’s Business Search page to find out more about current childcare & education listings.
