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Gloucestershire Business News

Day nursery in Chipping Campden sold

Fees may increase at Kiddywinks Nursery in Chipping Campden after it was sold for the first time to a Swindon businessman.

The idyllic looking early years centre was put up for sale after owners Lorraine Carroll and Andria White decided to retire.

They founded the day nursery in 2022 in a former NHS building in Pear Tree Close and it has capacity for 65 children from birth to eight years old.

After it failed to attract a buyer the owners brought in specialist business property adviser, Christie & Co.

It has now been sold to Raj Kumar who owns Poplars Day Nursery in Swindon for an undisclosed sum.

He plans to create a new management structure similar to his other site, incorporate his existing brand on-site, and explore potential fee increases.

Jassi Sunner, associate director - childcare and education at Christie & Co, handled the sale.

He said: "Lorraine and Andria have built a strong business with a hard-work ethos that has been adopted by their dedicated staff due to their ability to continue to do all the day nursery jobs until the very last day. They led by example, and the business benefited from this and was a key attraction for Raj to add to his developing portfolio.

"The nursery sits unopposed, and this provides extensive opportunity for its new owner to enhance the childcare offering further.

"We were introduced to the sale after the failure to sell the business elsewhere. Our database and relationships quickly brought about a number of enquiries, and an offer was agreed ahead of time to Raj.

"I am delighted to have helped Lorraine and Andria realise their dream to retire as early as possible."

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