Day nursery acquires premises at former Welcome to Yorkshire site
The owner of Little Green Rascals, a York-based organic and eco-friendly day nursery provider, have acquired premises on Tadcaster Road which previously housed Welcome to Yorkshire.
The 6,000 sq ft premises – bought for an undisclosed sum – were previously leased by Little Green Rascals.
The property is the company’s largest setting so far – a late Victorian town house.
Legal advice on the property acquisition was provided by Andrew Jackson Solicitors LLP, led by commercial property associate, Samuel Peake. A funding facility from Barclays was put together by relationship director Paul Craske.
Founded in 2009 by mother of three and entrepreneur, Vanessa Warn, and her husband, Ben, Little Green Rascals operates across seven nurseries employing over 200 staff, who cater for over 1,000 families in and around York.
Vanessa Warn said: “This purchase cements our commitment to providing outstanding childcare in York, whilst ensuring our sustainability and provision for families in the area for the future.
“It also fits well with our growth strategy to own freeholds as we continue to grow the business.
“Andrew Jackson Solicitors were instrumental in getting the deal over the line; we were expertly supported by Samuel Peake who guided us every step of the way.”
Peake said: “Andrew Jackson is delighted to have supported Vanessa and Ben on this purchase, as Little Green Rascals continues to go from strength to strength.
“The acquisition of the Tadcaster Road premises reflects their commitment to invest in the business and will help them to drive forward their vision for Little Green Rascals as a leading childcare provider with an ethical conscience.”
Craske, of Barclays, added: “Ben and Vanessa really impressed me with their growth plans, professionalism and knowledge of the sector together with their vision for the future of childcare.
“It’s inspiring to support local businesses like Little Green Rascals and the opportunity to acquire this historic building was another important step in their growth strategy.”