Profitable West Wales care home sold through Christie & Co to new market entrants
Specialist business property advisor, Christie & Co has completed on the sale of Lynnefield Care Home in Haverford West, Pembrokeshire.
This established and reputable care home represented an outstanding opportunity for a first-time buyer in the care sector. The business traded with a good mix of self-funded and local authority funded clients and has an excellent reputation locally. The property has 15 client bedrooms arranged entirely at ground floor level with a garden to the rear.
This residential care home has been owned by our clients since 2006 and after being run for over 13 years as a family business, our clients took the difficult decision to sell so that they could enjoy their retirement. They successfully built up a profitable operation, running this care home with an enviable reputation for delivering excellent quality care and highly regarded in the local area. The owners Roz Jones comments, “Oliver McCarthy of Christie & Co, has been an invaluable source of support and dealt with any queries in a professional, timely and efficient manner. A valuable asset throughout the whole process of the sale of our business; we would highly recommend Christie & Co.”
Lynnefield Care Home has been sold to a new entrant currently working in the care sector based in the South East.
Oliver McCarthy, Business Agent (Care) at Christie & Co handled the sale and comments, “We are pleased to see this care home received significant local and national interest leading to numerous offers; this just highlights how the market for care homes in the South West is stronger than it has been for many years. We continue to see many well-funded buyers seeking new opportunities in the region.”