Expanding Nurtured Childcare group buys ‘Good’ rated Sheffield nursery
Specialist business property adviser, Christie & Co, has announced the sale of Upsadaisy Children’s Nursery in Sheffield, South Yorkshire.
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Upsadaisy Children’s Nursery is an Ofsted-rated ‘Good’ day nursery setting that caters for up to 75 children aged between nought and four years. It occupies an impressive property with great outdoor space on Bellhouse Road in Sheffield.
The setting has been owned by friends, Karen Green, Shelley Whitworth, and Clare Quince since 2016 and, after working in the sector for many years, they decided to sell to take a well-deserved retirement.
Following a confidential sales process with Vicky Marsland at Christie & Co, and with funding sourced through Lawrence Roberts at Christie Finance, it has been purchased by Nurtured Childcare, a growing group in the North of England.
Karen Green, former owner of Upsadaisy Children’s Nursery, comments, “We acquired this former Sure Start building in 2016 after it had been closed for three years. Starting off with six children, the nursery has grown over the past eight years to 160 on roll. Our vision was to provide the local and wider community with an excellent Early Years provision and, along with our fantastic staff team and beautiful setting, we hope that we have achieved this. We are happy to hand over to Nurtured Childcare and wish the team every success for the future.”
Craig Brennan, CEO and Founder at Nurtured Childcare, comments, “Nurtured Childcare is a multi-award-winning group of nurseries operating across the North of England and Upsadaisy is exactly the type of setting we wanted to add to our group. A fantastic staff team, large outdoor area, and well-established in the local community. This is our second site in South Yorkshire, and we are very proud to be able to continue the good work of the previous owners. We already have plans in motion to develop the outdoor play area which will double the footprint.”
Vicky Marsland, Director – Childcare & Education at Christie & Co, comments, “We had multiple viewings within weeks of launching this confidentially to market, which were followed by three strong offers. Whilst this process was not without its challenges, with the help of Christie Finance and the continued patience and hard work of my clients, we were able to achieve a full asking price offer. I wish the sellers all the best in their future endeavours and look forward to seeing the further growth of Nurtured Childcare in the future.”
Lawrence Roberts, Director at Christie Finance, comments, “I am so pleased to have been involved in this transaction, supporting Craig and his team in purchasing Upsadaisy Nursery. Having an experienced operator in the sector is a positive element to sourcing a competitive funding package at present, and I am delighted that Craig and his team have added another nursery to their portfolio. I wish them all the best for the future.”
Upsadaisy Children’s Nursery was sold for an undisclosed price.
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For further information on this press release, contact:
Phoebe Burrows, Associate Director - Corporate Communications
P: 07540 063 598 or E: phoebe.burrows@christie.com
Contact the agent:
Vicky Marsland, Director – Childcare & Education
P: 07526 175 857 or E: vicky.marsland@christie.com
Contact Christie Finance:
Lawrence Roberts, Director
P: 07702 809 566 E: lawrence.roberts@christiefinance.com
Visit Christie & Co’s Business Search page to find out more about current childcare listings.