Nursery World - Case study: Cleveland Park Pre-School, South Woodford, London and Parks Pre-School, Loughton, Essex

Vendor: Mr Warwick Purchaser: Kids Inc Nurseries

Purchaser: Kids Inc Nurseries

Sale completed: September 2003

Asking price: 245,000 (South Woodford), 650,000 (Loughton) Sav Kalsi, who runs Kids Inc Nurseries, snapped up Cleveland Park Pre-school and its 'sister' nursery Parks Pre-school before they reached the open market. He was put in touch with the vendor by children's day nursery specialist Dowling Kerr.

There is a high demand for the 47 places at Cleveland Park. The children's area is situated on two floors and includes two playrooms, an art room and a baby room. There are also two outside play areas.

Sixty-place Parks Pre-school is located next door to the local railway station. It has five play rooms, two sleep rooms and outdoor play areas.

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