The nursery, which is registered for 50 full time and 50 OSC placces,  was acquired by Auchinbee Care Ltd, new entrants to the sector off an asking price of £500,000.

Keith Greene, the vendor, commented “Having a firm of Chartered Surveyors handling the sale who not only understood the value of the business but the development potential added value to the process and increased interest from purchasers.”

Craig Maxwell Director at Walton HPC said  “There were number of potential buyers who lost out in the sale and are now looking for similar opportunities. We would therefore be delighted to hear from anyone that is thinking of selling”