The Playhouse Nursery

The Playhouse Nursery in Coventry has been purchased by first-time buyer, Leicestershire accountant, Anup Chauhan.

In a sale handled by Christie & Co and financed through Christie Finance, the ‘good’-rated community day nursery was sold for an undisclosed sum.

Catering for 33 children aged 0-5 years, the nursery is located in a former retail unit in a short parade of shops in the Coventry suburb of Styvechale.

The setting was previously owned by Mary Kefford, who decided it was the right time to retire from the sector.

Jassi Sunner, associate director of childcare and education at Christie & Co, said: “Having benefitted from years of excellent reputation provided by my client, Mary, this was always going to be a heavily-endorsed business coming to market.

“Despite being a smaller-than-average nursery, the appeal of its excellent reputation was clear, and we had a range of interest and multiple viewings arranged.”

Buyer, Chauhan, added: “I entered into nursery ownership because of my passion for early childhood education, aiming to create an enriching and nurturing environment for children.

“The Playhouse Nursery appealed to me due to its established reputation for quality care and the team of dedicated staff and I look forward to adding fresh perspectives and insights to the nursery while maintaining the fundamental values that make the Playhouse a unique and cherished space for our little ones.”