Christie & Co has announced the sale of Rowley Village Nursery in Rowley Regis, West Midlands.

Rowley Village Nursery is an established children’s day nursery with a ‘Good’ Ofsted rating and the capacity to care for up to 66 children.

It occupies a deceptively-large property on a corner plot, with bright gates and a large frontage, making it an attractive and noticeable nursery for potential parents.

It was previously owned by Pranay Paw, a local hotelier who decided to sell to concentrate on his other business ventures.

Following a confidential sales process with Jassi Sunner at Christie & Co, the setting has been purchased by Little Scallywags Day Nursery Ltd, a family group with parents, sons, and daughters all involved in the business in various roles.

This will be the group’s eighth setting and the new owners have already begun refurbishing the site with a view to re-opening it this October.

Emma Williams, director at Little Scallywags Day Nursery Ltd, said: “On viewing Rowley village, we immediately saw the great potential it had for growth.

“After having met the staff, children, and parents we shared our vision for the future of Rowley Village and its refurb is already underway.”

Sunner adds: “Shortly after going to market, we had 11 genuine interested parties, followed by seven fruitful viewings and multiple offers submitted.

“Pranay was quick to accept the offer from Little Scallywags due to its experience in the sector and ability to complete the sale effectively alongside Ofsted changes.

“The sale is a great example of the growth we continue to see from regional groups in the Midlands and the general positivity the market has alongside the changes in funding already in place and due to land later this year.”

Rowley Village Nursery was sold for an undisclosed price.