‘Outstanding’ day nursery in Leek sold to expanding operator
Specialist business property adviser, Christie & Co, has announced the sale of Teddys Garden Day Nursery in Leek, North East Staffordshire, to expanding operator, Daycare (UK) Limited.
Teddys Garden Day Nursery is a well-established children's day nursery set in a large Victorian villa with private access. It is located in a stunning rural setting in Leek, North East Staffordshire, and expands to 1.5 acres with panoramic views of the surrounding countryside.
The nursery was developed in 2004 by Mr Andrew and Mrs Justine Cope who are relocating to spend more time with their family and concentrate on other projects. The setting offers 'Outstanding' provision for 60 children aged from zero to five years.
Teddys Garden Day Nursery has been purchased by Daycare (UK) Limited, which also own Dot Tots Nursery in Wolverhampton, and forms part of the company’s wider expansion plans.
Company Director, Mr Daniel Skitt, comments, “Our first setting, Dot Tots, was acquired 14 years ago and, since that point, both myself and my wife have been heavily involved in many positive changes for the building and the business. Teddys’ beautiful Victorian building and history was key to our decision to purchase and is in keeping with our ongoing commitment to only acquire and operate settings we’d be happy to send our own children to. Its grounds and local notoriety for exceptional childcare also spoke volumes.
“We have chosen to move our family into the setting’s onsite accommodation and will continue to provide ‘Outstanding’ childcare for our families present and future.”
Jassi Sunner, Associate Director at Christie & Co, who handled the sale, comments, “Teddys Garden is a hidden gem in a rural part of North Staffordshire, offering a vital early years service. Justine and Andrew have grown the business effectively over the years and earnt a strong reputation. It was a pleasure to work with them and really understand their business and what they were looking to achieve from the sale.
“Once we introduced Daniel to the transaction, a sale was agreed very quickly. With the pandemic hitting last year, we all worked together to complete this sale just before the end of 2020 and to provide Daniel with a strong platform to grow the business in the New Year. We sincerely wish all parties the best of luck.”
Teddys Garden Day Nursery was sold at an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Jassi Sunner, Associate Director – Child centric sectors
P: 07791 979 343 or E: jassi.sunner@christie.com
