Saturday, January 22, 2022

Andrew Jackson Solicitors advises awarding-winning nursery on acquisition

Law firm Andrew Jackson Solicitors LLP have advised the owners of Little Green Rascals, York’s first organic and eco-friendly day nursery provider, on its acquisition of premises on Tadcaster Road, the former site of Welcome to Yorkshire, for an undisclosed sum.

The newly acquired 6,000sq ft. premises were previously leased by Little Green Rascals and is the company’s largest setting, being housed in a late Victorian town house, which was designed by Fred Rowntree of the ‘Scarborough Rowntrees’ and is arguably one of the finest examples of turn-of-the-century domestic architecture.

Legal advice on the property acquisition was led by Andrew Jackson’s commercial property associate, Samuel Peake, whilst the funding facility was put together by relationship director Paul Craske of Barclays.

Founded in 2009 by mother of three and entrepreneur, Vanessa Warn, and her husband, Ben, multi award-winning Little Green Rascals operates across seven nurseries employing over 200 staff, who cater for over 1000 families in and around York.

Vanessa Warn said: – “This purchase cements our commitment to providing outstanding childcare in York, whilst ensuring our sustainability and provision for families in the area for the future. It also fits well with our growth strategy to own freeholds as we continue to grow the business.

“Andrew Jackson Solicitors were instrumental in getting the deal over the line; we were expertly supported by Samuel Peake who guided us every step of the way,” Vanessa added.

Samuel Peake said: – “Andrew Jackson is delighted to have supported Vanessa and Ben on this purchase, as Little Green Rascals continues to go from strength to strength. The acquisition of the Tadcaster Road premises reflects their commitment to invest in the business and will help them to drive forward their vision for Little Green Rascals as a leading childcare provider with an ethical conscience.”

Paul Craske of Barclays added: “Ben and Vanessa really impressed me with their growth plans, professionalism and knowledge of the sector together with their vision for the future of childcare. It’s inspiring to support local businesses like Little Green Rascals and the opportunity to acquire this historic building was another important step in their growth strategy. “

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