Award-winning family-owned day nursery sold for the first time
Family-owned Kingsmead Day Nursery in Winchester, Hampshire, has been sold to national operator, Grandir UK, for an undisclosed sum.
Established in 1989 by Helen Gaskell, the nursery has steadily grown to become a fundamental part of its local community.
Gaskell started the nursery when she had her own children, Emily and Chris, who, now grown up, have worked alongside her to make the nursery the success it is today.
At any one time, the nursery takes up to 57 children and has been recognised for providing quality provision through a platinum #justquality award.
It is conveniently located in the centre of Winchester, next to a large car park, making it the ideal option for local and commuting parents.
Gaskell recently decided to sell to retire from the sector and Emily and Chris plan to focus on other interests and careers outside of the sector.
Following a confidential sales process with Sophie Willcox at Christie & Co, the nursery has been purchased by Grandir UK, taking the group to 83 settings across England.
Lydia Hopper, chief executive of Grandir UK, said: “The nursery has enjoyed an excellent reputation in Winchester and we are looking forward to continuing to provide an environment where the children, families, and nursery team can learn, grow, and thrive together.”
Willcox added: “Kingsmead is a unique, special nursery.
“Helen and Emily’s passion shone through at our first meeting, and I was not surprised to be inundated with interest from a variety of buyers so quickly.
“We went under offer within two weeks of marketing the setting and were in receipt of multiple offers during that time.
“The quality of provision, strong team, and a well-maintained asset were attractive for many buyers and I am glad to have found the right party to carry on their legacy.”