Nursery World - Soaring interest from nursery buyers during lockdown, report finds

Prices have remained stable and there was increased competition for childcare businesses last year despite the financial shutdown, according to Christie and Co.

The property experts said that the number of offers made by buyers for each business had increased by 9% on 2019, despite the property sector being unable to transact normal business because of the pandemic.

And though there was a knock-on drop in transactions of about a third - around 90 taking place in 2020 compared with about 140 in 2019 - the slowdown was due to the time lag and not loss of interest, with the number of potential buyers registering interest in UK nurseries shooting up by 140% between April and June last year.

The surge in new buyer registrations came from a mix of UK and overseas investors, care home operators and first-time buyers and came shortly after the government announced the easing of restrictions in June.

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