Property Title: DC CARE/ GVA Grimley SELL GROUP OF 3 SPECIALIST CARE HOMES

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 09 May 2012

Location: West Yorkshire

Guide Price: UNDISCLOSED (Freehold)

Property Agency: DC Care Specialist Healthcare Business Agents

Reference: 4048/49

Description

Working on a joint basis GVA Grimley and DC Care are delighted to announce the recent sale of 3 care facilities. The Old Gables in Shipley was sold with vacant possession and two operational specialist learning disability residential care homes: Putney House and Whitley Farm Cottages were subsequently sold for
a private vendor.

The Old Gables in Shipley, West Yorkshire has been acquired by Advanced Childcare Limited who intend to extensively refurbish the premises for use as a children’s facility.

Putney House and Whitley Farm Cottages in East Yorkshire have been acquired by Heathcotes, a regional operator.

Commenting on his most recent acquisition, David Astil Harrison commented ‘We are delighted with the acquisition of these two units which are a good geographical fit within our current portfolio of specialist care facilities. DC Care and GVA Grimley managed the sale closely and we thank them for their efforts.”

The sale prices were undisclosed.