Saltwell Childcare Sold to First Time Buyer

Saltwell Childcare Sold to First Time Buyer

Redwoods Dowling Kerr are delighted to announce the sale of Saltwell Childcare and Education, a leasehold day nursery in Gateshead, Tyne and Wear.

The charming detached setting was registered for 125 places and boasted well presented facilities and spacious grounds. Operated under management, the nursery was located in a peaceful yet convenient setting, that had fantastic potential.

Saltwell Childcare and Education generated high levels of interest. Following 11 impressive viewings, the nursery was acquired by first time buyer, Mr Manoj Vedhera. Mr Vedhera, who has a background in the clothing industry, was attracted to the business due to its excellent location. The vendor, Mr Reteesh Wadhwani, decided to place the business on the market due to other business interests.

Regarding the sale, the vendor, Mr Vedhera states: “I thought the service provided by Redwoods Dowling Kerr and my negotiator, Firdaws Patel, was superb and I would gladly recommend them to anyone looking to buy or sell a business”

Firdaws Patel from Redwoods Dowling Kerr comments: “I would like to thank our client for instructing Redwoods Dowling Kerr and wish him all the best for the future. I would also like to wish our buyer, Mr Vedhera, all the best with his new business venture”

NOTES TO EDITORS

Redwoods Dowling Kerr

Redwoods Dowling Kerr, part of Altius Group, is the specialist broker dealing in Childcare, Healthcare, and Kennels & Cattery sectors. Altius Group is a market leader in business sale transactions for small to medium size enterprises. The group includes some of the most well-respected and leading business brokers in the marketplace. Altius Group offers a sector-specialist approach, tailored to the requirements of our clients. With over 40 years’ experience in business selling we have a proven track record in delivering successful sales, constantly striving to surpass the expectations of our clients.

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