Second Acquisition for Mr Balmer through RDK

Second Acquisition for Mr Balmer through RDK

Redwoods Dowling Kerr are delighted to announce the sale of Rainbow Day Nursery located in Alnwick, Northumberland.

The leasehold nursery was placed on the market by the vendor, Mrs Lowes, due to her wish to retire. Following 5 viewings, the business was acquired by Mr Balmer, who acquired another nursery through Redwoods Dowling Kerr in the past.

The highly visible Victorian property has been modernised and upgraded over the years, offering versatile nursery accommodation over 2 floors. The property came well fitted and includes children’s toilet facilities, kitchen and a dining room. The first floor incorporates a self-contained baby room and changing facilities, a manager’s office, laundry room and staff room.

Externally, there are secure outdoor play areas, offering a variety of learning environments, including a garden and a covered play area.

Currently registered for 60; the nursery provided excellent potential for Mr Balmer to increase registration numbers. The location was said to be a key reason in his decision to acquire Rainbow Day Nursery.

Firdaws Patel, Senior Childcare Negotiator comments “I am pleased the sale has come to a successful completion.  The sale was very straightforward and completed in a good time scale. It was a pleasure to deal with everyone involved in the sale, I wish Mrs Lowes the best with her retirement and I have no doubt that Mr Balmer will be able to continue on the success of the nursery”

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