Experienced operators buy first UK nursery, Ducklings Day Nursery
Specialist business property adviser, Christie & Co, has announced the sale of Ducklings Day Nursery in Moreton, Merseyside.
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Ducklings Day Nursery is a well-known and highly regarded children’s day nursery with effective operating capacity for 33 children aged 0-5 years. The business is located in the popular town of Moreton within the Wirral Peninsula, Merseyside. Occupying a convenient position in an established residential area, the nursery attracts children from the immediate locality and major neighbouring towns and is perfectly placed for parents dropping off and picking up children on their daily commute.
The nursery has been owned and operated by Mr Neil and Mrs Carol Butler since 2005, during which time it has established an excellent reputation within the local community.
Ducklings Day Nursery has been purchased by Mr Rahul and Mrs Manisha Poddar. The pair own childcare businesses in India but this is their first UK setting. They plan to learn from the staff and add their own expertise to help grow and make improvements to the current business.
Sofia Beck, Associate Director at Christie & Co, who handled the sale, comments, “It’s great to see that first-time buyers have regained confidence and are once again keen to enter into this resilient sector. Rahul and Manisha expressed interest in this nursery prior to the pandemic and picked things back up earlier this year once their lender agreed to fund new business again. I’m sure this purchase will be the first of many for the couple. This is the second day nursery which Neil and Carol have sold with us after operating a successful group of five settings starting from 2004. I wish them all the best for the future endeavours and a much-deserved break.
“Buyer demand is stronger than ever in the sector and, as more and more businesses bounce back to pre-COVID levels, we are seeing many operators resume their exit strategies after holding off on decision making over the past year.”
Ducklings Day Nursery was sold for 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:
Sofia Beck, Associate Director
P: 07736 616 687 or E: sofia.beck@christie.com