Daycare (UK) has acquired Teddys Garden Day Nursery in Leek, Northeast Staffordshire, which caters to 60 children aged from newborn to five years.
Teddys Garden Day Nursery is a day nursery occupying a large Victorian villa in a rural area set in 1.5 acres with panoramic views of the surrounding countryside.
The nursery was developed in 2004 by Andrew and Justine Cope who are relocating to spend more time with their family and concentrate on other projects.
Daycare (UK), which also own Dot Tots Nursery in Wolverhampton, stated that the acquisition forms part of the company’s wider expansion plans.
Daycare director, Daniel Skitt, said: “Our first setting, Dot Tots, was acquired 14 years ago and, since that point, both myself and my wife have been heavily involved in many positive changes for the building and the business. Teddys’ beautiful Victorian building and history was key to our decision to purchase and is in keeping with our ongoing commitment to only acquire and operate settings we’d be happy to send our own children to. Its grounds and local notoriety for exceptional childcare also spoke volumes. We have chosen to move our family into the setting’s onsite accommodation and will continue to provide ‘Outstanding’ childcare for our families present and future.”
The sale was facilitated by business property advisor Christie & Co. The price was undisclosed.
Jassi Sunner, associate director at Christie & Co, said: “Teddys Garden is a hidden gem offering a vital early years service. Justine and Andrew have grown the business effectively over the years and earnt a strong reputation. With the pandemic hitting last year, we all worked together to complete this sale just before the end of 2020 and to provide Daniel with a strong platform to grow the business in the New Year.”
Date published: 14 January 2021