Twinkle Tots Nursery in Kings Lynn Finds New Owner

Twinkle Tots in Kings Lynn has found a new owner

Twinkle Tots Nursery in Kings Lynn, Norfolk has found a new owner after being put on the market by Redwoods Dowling Kerr.

Mr Kevin Tricks acquired the leasehold after putting an offer forward with the UK’s number one childcare brokerage, Redwoods Dowling Kerr.

With over 30-years-experience in the sector and 3 settings, Kevin and his family now aim to integrate Twinkle Tots under their existing group, Tomthumb.

The additional setting is likely to be welcomed in Kings Lynn, where Mr Tricks enjoys an excellent reputation for his group of family-operated pre-schools.

Twinkle Tots was established in 2004 and enjoys a “good” Ofsted rating. The vendors are now looking to pursue other business interests but leave in place a reputable, charming setting with potential for growth.

The nursery is registered for 85 children between 3 months to 5-years-old.

Commenting on the transaction, Mr Tricks said:

“I just wanted to thank Sarah for her help in acquiring Twinkle Tots. You acted in a professional way and nothing was a problem. I will be in contact soon for our next purchase.”

Sales negotiator Sarah Ellison said:

“The business was successfully run for many years by three sisters whose family own the building. They met with Mr Tricks in the first 8 weeks of marketing and they knew from meeting him that his knowledge of the location and experience in the childcare sector, he was the right buyer for them.

“The business came to the market as a freehold option but we changed the sale to leasehold to achieve a quick sale for the family, allowing them to retain their freehold and achieve an income. This also worked out well for the buyer who is looking to continue to expand his growing nursery group.

“I would like to wish Mr Tricks and family all the best with their new business.”