A thriving nursery business in Gloucester is now under new management.

Specialist business sales firm Redwoods Dowling Kerr has confirmed a change of ownership at Tredworth-based Mountlands Day Nursery

"The nursery was sold to ambitious first-time buyers who have a passion for childcare with previous experience of managing nurseries," according to the Businessbuyers.co.uk.

Those new owners being Mohammed Vahed and Rehana Vahed, both of Vicarage Road, Gloucester. Rehana has previously been a pre-school manager.

According to Businessbuyers.co.uk the sale by the previous owners was due to retirement.

"After spending years building and developing an excellent business, Mr and Mrs James wanted to pass on their legacy to a like-minded, passionate, quality childcare provider who would be able to continue building on their success," said the report on Businessbuyers.co.uk.

"Redwoods Dowling Kerr was confident that the business would generate a healthy amount of interest, as the nursery was well-established, with a fantastic reputation and situated in an ideal location with easy access to commuter routes.

"As predicted the nursery received numerous interest from a number of different parties, resulting in a final offer being put forward for the business from Mr and Mrs Vahed".

The last Ofsted report described Mountlands Day Nursery as "good" in all areas - from effectiveness of the leadership and management, quality of the teaching, personal development, behaviour and welfare, and outcomes for the children.

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