Property Title: DC CARE SELLS NORTH EAST CARE HOME

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 26 Jul 2011

Location: South Shields, Tyne & Wear

Guide Price: undisclosed (Freehold)

Property Agency: DC Care Specialist Healthcare Business Agents

Reference: AT/cj/4013

Description

DC Care is delighted to announce the recent sale of a care home in South Shields, Tyne & Wear.

The care home, registered for 30, is situated near the town centre and close to the coast, overlooking a delightful newly renovated park complete with Victorian bandstand. Built in the early 1900’s, the substantial property has been well maintained and was extended in the mid 1990’s. It offers outstanding sea views from many of the residents’ bedrooms and day spaces.

The business was established over 25 years ago and after successfully operating the care home for such a considerable length of time the vendor sought a discreet and quick disposal with a view to retirement.

The sale was managed by Business Appraiser Alison Taylor and Clare Jones, one of the lead Sales Negotiators at DC Care’s head office. The home has been acquired by an established Care Home operator to add to their existing portfolio of facilities based in the North East. The new proprietor, Mr Om Gupta commented "We were delighted with the professional yet friendly way DC Care managed this sale. They were extremely efficient and I have already recommended them to other acquisitive purchasers and operators considering a disposal. I look forward to working with them again as I expand my business."

Further details from DC Care Property Agents, Wetherby Head Office on 01937 849268.