October 5, 2018 Property

Bistre Nursing Home in Flintshire sold to experienced operator

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A couple are enjoying retirement after selling their residential care home with Redwoods Dowling Kerr.
Mr and Mrs Owen received considerable interest for Bistre Nursing Home in Flintshire, North Wales, after a marketing campaign by one of the UK’s leading healthcare brokers.
Following 7 viewings and 6 individual offers, the residential care home is now under the ownership of experienced operator, Mr Sandeep Gupta. He is now looking to improve the service and streamline costs.
Commenting on the service facilitated by Redwoods Dowling Kerr, Mr Gupta said:
“I would like to thank Redwoods Dowling Kerr for their assistance in helping me purchase Bistre Nursing Home.
“They were attentive and supportive throughout the process and worked closely with all parties to ensure that the deal progressed without any major issues or setbacks.
“There were a few challenges to overcome along the way but thankfully we were able to get there and get the deal done. I will certainly look forward to working with Redwoods Dowling Kerr again on any future acquisitions.”
Commenting on the transaction, vendor Davina Owen said:
“We would like to personally thank Redwoods Dowling Kerr for the service offered throughout the sale of our care home. They were very professional and meticulous in their approach to the marketplace and ensured that we only spent time working on purchasers who were vetted and capable of purchasing a prime acquisition such as ours.
“As a result, we were able to agree a deal with an operator who had existing homes in our area which helped the sale considerably and in a reasonable time.
“Redwoods Dowling Kerr was always available to promptly address any issues that required attention and thanks to their support, we can now look forward to our retirement knowing we achieved a great price for our home.
“We would be very happy to recommend Redwoods Dowling Kerr to anyone looking to sell their business in the future.”
Anthony Rae, Director of Healthcare at Redwoods Dowling Kerr said:
“Our buyer Mr Gupta can now enjoy his newest addition to his portfolio of homes and of course our seller David can now look forward to enjoying his retirement safe in the knowledge that he achieved a good price for the sale of his care home.
“I would like to wish both parties the best of luck in the future and confirm that it was a pleasure to work with them on this deal.”

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