New owners for large Denton day nursery
Specialist business property adviser, Christie & Co, has announced the sale of Teddybears Day Nursery in Denton, Greater Manchester.
Established in 1999, Teddybears is a ‘Good’ rated, locally renowned childcare business which focuses on the Montessori approach and curriculum. It has the capacity for up to 102 children aged zero to five years, and boasts an experienced staff team.
The nursery operates from a two-storey detached property which has been converted and renovated to the highest standard. Comprising four individual playrooms, it is lovingly presented to create a 'home from home’ and a stimulating environment where children can progress and grow.
The setting was previously owned by Mrs Sofia Savrioni and was recently brought to market as she felt the time was right for her to exit the sector.
Following a confidential sale process with Christie & Co, it has been purchased by national operator, Kids Planet, which brings the group to 163 settings.
Sofia Beck, Director – Childcare & Education at Christie & Co, who handled the sale, comments, “Teddybears is a great example of a strong performing day nursery business located in an area where fee rates are lower than the market average. Due to its large size and exceptional local reputation, the nursery has proven to be consistently successful under Sofia’s ownership.
“The setting is a great fit, both operationally and geographically, for Kids Planet following their recent acquisitions within the Tameside area.”
Teddybears Day 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:
Sofia Beck, Director – Childcare & Education
P: 07736 616 687 or E: sofia.beck@christie.com
Visit Christie & Co’s Business Search page to find out more about current childcare listings.