Pipkins Nursery in Exeter has recently been sold to a developer.
The nursery had been operating at only 40% capacity for a number of years and was being marketed for sale at bricks and mortar value only. “It was a lovely building in a highly fashionable part of Exeter and so the opportunity to develop it back into a residential home was always on the cards”, said managing director Rupert Cattell. “The sale means that the owner can enjoy a comfortable retirement after spending many years providing childcare to the parents of Exeter”.
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