Day Nursery Market Insight: South West
Rachel Godwin, Business Agent at Christie & Co shares her insight into the day nursery market in the South West.
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Currently, in the South West of England, we’re seeing strong levels of demand from buyers across the board.
Buyer appetite
New market entrants are particularly interested in smaller leasehold settings due to budget restrictions, and we are also seeing a high volume of interest in small group opportunities – both leasehold and freehold – in the South West, which have attracted existing operators from other areas. The appetite for settings with operating capacity for 50+ child places continues to be strong with all types of buyers.
We’re also seeing high demand from both corporate and regional operators looking for freehold and leasehold settings to add to their portfolios. Some want to bridge the geographical gap between their existing businesses, while others are interested in expanding into locations, such as Devon, Gloucestershire, and Wiltshire, where there are typically higher fee rates and real estate/freehold values. Many are looking for well-established teams with a strong manager in place in a mature setting. Settings which have scope for growth regarding operating capacity continue to be well received...
For the full article on the NMT website, click here.
To find out more about the day nursery market in the South West, or for a confidential chat about your business, contact Rachel Godwin: rachel.godwin@christie.com / +44 7701 315061