Property Title: DC CARE COMPLETES ANOTHER SALE ON BEHALF OF FRP ADVISORY

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 09 May 2012

Location: Crediton, Devon

Guide Price: UNDISCLOSED (Freehold)

Property Agency: DC Care Specialist Healthcare Business Agents

Reference: AS/lar

Description

DC Care is pleased to announce the recent sale completion of The Chantry in Crediton , Devon.

Acting on behalf of the Joint Administrators, Christopher David Stevens and Colin Ian Vickers of FRP Advisory DC Care secured the sale following an extensive marketing campaign.

Andrew Sandel appraised the business on behalf of DC Care and the sale was managed through to completion by Head office based Sales Negotiator Lisa Rushworth.

Andrew Sandel commented ‘ The huge interest generated in this opportunity shows without question that there is an appetite from purchasers to acquire specialist learning disability care homes in the South West. Following our instruction to market the home there was keen interest from predominantly regional care operators who recognized the potential for this particular care home. The number of enquiries we received regarding The Chantry leading up to the date for best & final offers was excellent . DC Care to put forward a number of competing bids to the Administrators. As always in these situations only one bidder could be successful and as such we are left with many prospective purchasers still keen to source other suitable care homes providing care for service users with Learning Disabilities in the South West.’

The sale price was not disclosed.