Specialist business property adviser, Christie & Co, has announced the sale of Leeds Montessori Nursery and Pre-School.
Leeds Montessori Nursery and Pre-School is an ‘Outstanding’ rated freehold nursery located adjacent to Roundhay Park in Leeds. This is undoubtedly one of the area’s leading childcare providers boasting an effective operating capacity for 94 children aged zero to five years in a most impressive Grade II listed property. The nursery has created a reputation for childcare of the highest calibre, with a highly qualified, dedicated staff team and strong demand for parents looking to get their child a place at this sought-after nursery.
Following a confidential sales process, Leeds Montessori Nursery and Pre-School has been sold to Bright Stars Nurseries (previously known as ICP Education) which now has over 70 settings in its portfolio.
Previous owner, Anooj Kotecha, comments, “I am thrilled that Bright Stars Nursery Group has taken Leeds Montessori into their group. There is a great fit in terms of values and approach, and I have no doubt that Stephen and his team will build on the work done at Leeds Montessori in creating somewhere special for children. I also want to thank Nick at Christie & Co for his valuable guidance through the process.”
Stephen Booty, Executive Chairman at Bright Stars Nurseries, comments, “Anooj has built a really high-quality nursery and we are delighted to have the Leeds Montessori as part of our Group. We look forward to working with Annette and her team to continue to build upon the success that they have achieved.”
The sale was handled by Nick Brown and Vicky Marsland at Christie & Co.
Nick Brown, Director & Head of Brokerage – Childcare & Education at Christie & Co, comments, “This was a fantastic instruction to win with my colleague, Vicky Marsland. We were delighted to help Anooj with his exit strategy for this fantastic flagship nursery. This was a highly confidential sale which created a super level of interest from a number of well-funded buyers. We are delighted to announce that Bright Stars Nursery Group were the preferred party. This is a fantastic springboard both for further growth in this area and to take Leeds Montessori Nursery and Pre-School forward.
“The demand for nurseries in and around Leeds has continued to grow after the recent sale of two other high-profile groups, Twinkles Nurseries and the Kinder Haven nursery group. Our specialist team at Christie & Co is delighted to have secured another sale.”
Leeds Montessori Nursery and Pre-School was sold for an undisclosed price.
