Closed Kingsthorpe day nursery reopened after sale
Specialist business property adviser, Christie & Co, has announced the sale of a vacant day nursery property in Kingsthorpe, Northampton.
This vacant property was formerly a day nursery registered for 32 children and occupying a prominent elevated position on a corner plot in the Northampton suburb of Kingsthorpe.
Following a sales process with David Eaves at Christie & Co, it has been purchased by Quentin Wade of The Redbrick Day Nursery, which owns another privately-run setting nearby.
Quentin Wade, director at The Redbrick Day Nursery, said: “We felt it was essential to open another day nursery in the area as the demand for quality childcare has been outstripping supply.
“Families in Kingsthorpe and the surrounding communities deserve accessible, high-quality childcare that supports their children’s growth and development and The Redbrick Day Nursery will not only help meet this growing demand, but also positively contribute to the local community by creating jobs and providing a nurturing environment for children to thrive.”
Eaves added: “Upon being instructed to market this property for sale, it was clear there was significant opportunity for a new operator to add value.
“The property was already well configured and, after an intense five-week redecoration, I’m delighted that Quentin and the team have been able to open the setting to new families and have been able to expand on the previous capacity by using the property to its fullest potential.
“This has been a great example of matching the right property with the right buyer, at the right time, and is further evidence of existing operators having confidence in the current market by bringing a vacant property back into use to satisfy the increasing demand for high-quality childcare and education.”
The vacant day nursery property was sold for an undisclosed price.