Yorkshire school sells for 'dream' price

Thursday, 5th April 2018, 3:00 pm
Updated Thursday, 5th April 2018, 4:04 pm

A long-established nursery school in a sought-after Yorkshire suburb has been sold to a national concern.The Garden House Nursery School at Fulwood, Sheffield, was sold to Cresswell Nurseries Limited by specialist business property adviser, Christie & Co.With its capacity for 67 children, the Ofsted rated ‘Outstanding’ setting is widely renowned in the local community.Louise Hope established and ran the business successfully for almost 30 years. She took the difficult decision to sell, in view of her retirement.She said; “Now all is complete, I want to say a big thank you to Sofia Beck at Christie & Co for the way in which she handled the sale of my nursery. I was wary of the whole process, but I have to say, she made it simple.“From finding the type of buyer I wanted for my ‘baby’, to getting a dream above asking price, I have been delighted with the whole process. I shall still be involved in taking the nursery forward and hopefully expanding in the area, but I am also looking forward to more free time to see family and pursue other interests alongside newfound security - the ideal result.”Stephen Booty of Cresswell Nurseries added; “The Garden House Nursery is a fantastic setting, with an unrivalled local reputation, a great staff team, and fantastic childcare and education outcomes. We are very excited to be working alongside Louise Hope going forward to continue to deliver fantastic outcomes for the children and parents in the local community.”Sofia Beck, business agent – childcare at Christie & Co, said; “The demand for high quality settings in the North is at an all-time high, which resulted in exceptional prices being achieved last year, a trend which has continued into 2018. There has been an apparent rise in nursery buyers who traditionally targeted the south of the country, now looking for opportunities in the north due to the dramatic difference in freehold values.”