Specialist business property adviser, Christie & Co, has sold Carrington Day Nursery in Nottinghamshire to Kids Planet.
Established by exiting owner, Tina Jones, in 1991, Carrington Day Nursery is a busy setting with a ‘Good’ Ofsted rating. It has capacity for up to 98 children aged six weeks to five years, and is ideally located at the start of the Mansfield Road in the Nottingham suburb of Carrington.
Over the years, Tina has maintained an excellent reputation as a proactive owner with a dedicated and loyal team. After 31 years of ownership, she decided to sell to retire from the sector and pursue other interests.
The setting has now been purchased by national operator, Kids Planet, which was particularly attracted to the location and the prominence of the setting. With this acquisition, the group has 126 nurseries in its portfolio.
Tina Jones says: “I’m looking forward to having the time to pursue other interests now I’m in the knowledge that Carrington Day Nursery is in Kids Planet’s safe hands.”
Clare Roberts, CEO at Kids Planet, says: “Carrington Day Nursery is set in a wonderful Victorian building and has established a good reputation in the local area. The setting has a strong focus on quality provision and experiences for children and their families, and I see many synergies with our own ethos. We are delighted to welcome Carrington into the Kids Planet family and we look forward to supporting the team.”
Jassi Sunner, associate director – Childcare & Education at Christie & Co, who worked on the sale, says: “It has been a real pleasure to negotiate the sale of Carrington Day Nursery, not only because of the quality and reputation of the setting but also for the parties involved who worked well together after our introduction. Kids Planet continue their dominant acquisition trail in the Midlands and we are delighted to be part of the introductions made to those tentatively seeking an exit.”
Carrington Day Nursery was sold for an undisclosed price.
