Surrey nursery Caterpillars Childcare sold to Ivy House Nurseries
A day nursery in Farnham has been sold to Ivy House Nurseries for an undisclosed sum, said business property adviser Christie & Co.
Caterpillars Childcare in Surrey was established in 2016 and is a private nursery, which provides care for up to 43 children aged from babies to five years.
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It sits in a single-storey detached property and has seen much investment over the years. It also has a purpose-built outdoor play area that is equipped with safety surface flooring.
The sale follows a marketing process with Sophie Willcox, director of childcare and education at Christie & Co.
Ivy House Nurseries opened its first branch in Weybridge, Surrey in 2021 and its nurseries follow the 'curiosity approach' encouraging confidence and resilience.
Olivia Rowling, director at Ivy House Nurseries, said: "We are very excited to have acquired Caterpillars Childcare Ltd and feel it is a really positive step towards growing a larger group of nurseries that focus on the curiosity approach and boutique environment."
Willcox added: "I sold the previous owners this business originally, and so I was delighted to work for them to find them the right owner for the nursery and for it to have come full circle.
"This is one of several nurseries we have completed on in Surrey recently, highlighting the demand for both leasehold or freehold opportunities that are good quality and with strong staff teams in situ."
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