Welcome Nurseries has acquired the former Grafton House Preparatory School & Nursery in Ashton-Under-Lyne, Greater Manchester.
Established in 1991, Grafton House Preparatory School is a non-selective, co-educational school with capacity for 150 pupils, and Little Grafters is an adjoining children’s day nursery with operating capacity for 62 children, providing care and education for children aged from newborn to 11 years.
Previous owner, Elaine Sagar, purchased the business in 2008 after she’d been a parent of the school for a number of years.
Bury-headquartered Welcome Nurseries has now added 18 settings to its portfolio in the past four months, taking the group to more than 50 sites across the country.
Sagar said: “We were excited to sign over our first nursery, Grafton House, to Jonathan Jay and Linda Cuddy at Welcome Nurseries. This is not a full exit for me as we will continue to provide education at our Stalybridge and Hyde sites, as well as continuing to support and train colleagues in the sector which is important to us.
“Having been part of the Grafton House family for 20 years, as firstly a parent in the prep school and subsequently as an owner, the building holds many memories. We wish Welcome all the best as they take occupancy of the beautiful town centre site and add it to their growing portfolio.”
Sofia Beck, associate director at Christie & Co, who handled the sale, commented: “The day nursery market continues to thrive, and we have started to see operators feel more stable about progressing with exit strategies that may have been put on hold due to the pandemic.”
Date published: 2 November 2021