Specialist business property adviser, Christie & Co, has announced the sale of the former Melville House Nursery in Edinburgh.
Melville House Nursery was previously registered for up to 105 children aged from baby to school age. The now-vacant nursery, which occupies the ground floor of the property, was recently refitted and refurbished to a high standard and is located in an affluent area of Edinburgh, which is within walking distance of Morningside, Merchiston, Polwarth and Bruntsfield.
Previously owned and operated by Ms Meg MacLeod of Childcare Scotland Properties, the site was extended and fully refurbished before being brought to market. The property generated a high level of interest and attracted a number of operators throughout the Edinburgh and surrounding region.
Following a confidential sales process, the former nursery has been sold to large growing operator, Mini Rainbows Limited.
Ms MacLeod comments, “We purchased Melville House in 2003 and opened it in 2004. After 33 years, it was time for me to semi-retire, relax a bit, and spend more time with family. Both myself and fellow Director, Yvonne McDowall, wish Mini Rainbows every success in their new venture!”
Speaking on behalf of Mini Rainbows Limited, Director of Nurseries, Andrew Clifford, comments, “We are delighted to complete our purchase of such a wonderful period property at Melville House, and wish Meg and Yvonne all the very best for the future. We are looking forward to bringing our inspirational environments and unique ethos to Melville House, which is due to re-open in late 2022.”
Rosie Adlem, Director, and Martin Daw, Senior Director, at Christie & Co, who handled the sale, work with childcare operators across the Scottish region as part of the Childcare & Education team.
Rosie comments, “We were delighted to act on behalf of Ms MacLeod in relation to the marketing and sale of this property. Being located in such a prime area of Edinburgh, we had no hesitation that the opportunity would be highly sought after and, despite running a confidential process, a number of parties expressed interest quickly and an agreed deal subsequently followed. We now look forward to seeing the nursery re-open in the near future with Mini Rainbows at the helm and seeing new families welcomed into the setting.”
Melville House was sold for an undisclosed price.