Chappell Croft Nursery sold to Worthing operator
Property adviser Christie & Co has announced the sale of Chappell Croft Day Nursery in Worthing, East Sussex to local operators Hopscotch Children’s Nurseries.
This purchase brings Hopscotch to seven settings across East Sussex.
Chappell Croft Nursery is a family-owned day nursery that opened its doors in 2000. It is set in a double-fronted Victorian Villa on Christchurch Road, just off the high street and the station.
Previous owners, Vivien and Derek Furlong, wanted to create a safe and fun environment for each child to have the best possible start in life. They chose to bring the nursery to market due to their desire to retire from the sector.
Philip Ford, Managing Director of Hopscotch Children's Nurseries, said: “We are absolutely delighted to have acquired Chappell Croft Nursery and to have the opportunity to provide our first-class childcare in Worthing and West Sussex, especially in Hopscotch's thirty-fifth birthday year!"
Visit Hampshire Biz News for bright, upbeat and positive business news from the county
Sophie Willcox at Christie & Co oversaw the transaction. The finances for the deal are as of yet undisclosed.
Sophie said: “I have been in touch with Viv for a while now and am so delighted to have completed the sale, allowing her to start her retirement.
''I think Philip and Hopscotch are the perfect fit for Chappell Croft and hope they continue Viv and Derek’s legacy!
“This is another example of a freehold nursery sale in the South that is underpinned by a strong property and profitable business.”
Read more - Poole residential development picks up three awards