Specialist business property adviser, Christie & Co, has sold Kingfisher Day Nursery, Porchester Road in Nottingham, which is part of the successful East Midlands group, Kingfisher Day Nurseries.
Kingfisher Day Nursery, Porchester Road is a well-established day nursery with two successive ‘Good’ Ofsted ratings, capacity for 60 children aged 0 to 5 years, and an effective workforce. The setting occupies a large, detached property located on a significant commuter route into Nottingham, amongst a densely populated residential suburb.
The setting was previously owned by Mrs Helen Allanson who decided to sell to downscale the Kingfisher Day Nurseries group after the successful sale of its Derby setting in December 2020.
Following a confidential sales process, this Kingfisher Day Nursery setting has been sold to Hollies Day Nurseries Ltd, a family-run day nursery group in Nottinghamshire.
Helen Allanson says: “I bought the nursery 17 years ago and have worked hard to transform the building into an open, light-filled space with excellent care and learning opportunities. I intend to continue working with the other three settings for the next few years.”
A spokesperson for Hollies Day Nurseries Ltd says: “Hollies Day Nurseries is excited to take over Kingfisher and welcomes the team, children, and families to the Hollies family. We are looking forward to all the new and exciting opportunities we will offer them all.”
Jassi Sunner, associate director – childcare & education at Christie & Co, who handled the sale, says: “It was great to work with Helen again and I knew that this setting would garner a range of interest from the first time we visited the site. The property is deceptively large, with lots of areas open to reconfiguration and a large outdoor space which will be attractive to children and parents alike.
“After a short marketing campaign, we received a range of enquiries and quickly agreed a sale with the existing group, Hollies Day Nurseries. We wish the Hollies team the best of luck with the new acquisition and have no doubt they will be able to replicate their excellent success and reputation at this site.”
Kingfisher Day Nursery was sold for an undisclosed price.