Abbotts Nursery located in Gloucestershire sold to Ashbourne Day Nurseries in a deal facilitated by Redwoods Dowling Kerr.
Abbotts Nursery is a well-established children’s day nursery in the historic town of Cheltenham. This long-established and immaculate setting is truly the envy of any day nursery operator. It sits in an affluent residential area, a short distance away from the town centre, with access to local commuter routes. The nursery operates out of an imposing historic property. If features a large outdoor area and sits at the edge of the Cotswolds Area, offering outstanding natural beauty.
The buyer, Ashbourne Day Nurseries Ltd, is an existing operator and major childcare provider. The company currently runs 31 childcare settings throughout the UK. Abbotts Nursery will be the company’s 31st setting.
Our client’s comments on the RDK sales process were: “We would like to thank Redwoods Dowling Kerr and the childcare team for all their help and support. Everything they did was much appreciated. We couldn’t have done it without them.”
Childcare Broker Sarah Ellison stated: “We couldn’t be more pleased for the seller to help her with her retirement plans. Marguerita and her daugher Lauren came to Redwoods to sell the nursery after many years of running a successful business. Due to the market conditions being more difficult the sellers decided to lease their property rather than sell the freehold and due to this they secured a long term lease to a well-known operator Ashbourne Nurseries Limited. They couldn’t be more pleased for the Nursery and the staff to find such a well-known operator who she is confident will continue the quality and success for many years to come.”
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