Sale halts closure of YMCA childcare setting in Hampshire

By Nicky Godding

1 August 2023

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YMCA Nursery Gosport

Specialist business property adviser, Christie & Co, has announced the sale of a YMCA childcare setting located at St Vincent’s College in Gosport, Hampshire.

The sale of this popular 45-place setting is part of a wider ongoing disposal project, as the YMCA looks to close a number of settings across the south of the country. Christie & Co was appointed to source potential buyers and save this childcare provision.

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Following a number of interested parties, the setting has been purchased by local operator, Vicky Morey, who also owns Rosie Little Blessing Nurseries in the same town.

Vicky Morey, new owner, comments, "I am delighted to have been able to take over this lovely setting and continue the care for the children and families in the community, offering a nurturing and enabling environment for the children to thrive.”

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Nick Brown, Director & Head of Brokerage – Childcare & Education at Christie & Co, who handled the sale, comments, “This is now the fifth site we have been able to help the YMCA sell, ensuring that childcare provision across these locations continues to operate. What better buyer for this well-located setting than a successful, local operator looking to build on her current operation and reputation. We wish Vicky all the best for the future, and hope she continues to grow her group of settings.”

This YMCA setting was sold for an undisclosed price.

By Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.