60-year-old nursery sold to fast-expanding group

Normanhurst Day Nursery in Northampton has been sold to the Clarence House Day Nurseries group.

The deal was brokered by the Christie Group.

Established in 1962, Normanhurst Day Nursery is one of the longest running childcare settings in its region and has an operating capacity of up to 45 children.

The business’s previous owner, ABC Nurseries, purchased the site through Christie & Co in 2005 and decided, after over 15 years of ownership, to sell the site.

The deal takes Clarence House’s portfolio to a total of 10 nurseries across Cambridgeshire, Northamptonshire, and Lincolnshire.

Operations manager, Sarah Lee, said: “We are pleased to welcome Normanhurst Nursery to our team and look forward to supporting Chelsey and her team in continuing to deliver high-quality provision.”

David Eaves, director at Christie & Co, said: “We ran a short and highly confidential sale process and received multiple offers at the asking price within just three weeks of Normanhurst coming to market. The demand for high-quality childcare businesses across the East Midlands is extremely high at present and so it came as no surprise that Normanhurst garnered significant market interest.

“It was a pleasure to work with Neil in achieving his desired outcome and I wish the new owners at Clarence House all the very best in building on the fantastic reputation Normanhurst has as it embarks on a new chapter in its long history.”

Normanhurst Day Nursery was sold off an asking price of £535,000.