The Gables Care Home Sold by Redwoods Dowling Kerr
14th October 2019
Redwoods Dowling Kerr helps an operative with 10 years of care industry experience acquire their first setting, situated in Bedlington, Northumberland.
Located in Bedlington, England, The Gables Care Home specialises in caring for younger adults who suffer from mental health issues. The home has been run to an exceptional standard by the previous ownership, earning a “Good” CQC rating at their latest inspection. This is a testament to the phenomenal standards of care that this facility provides.
Situated in a prominent residential district, the care home has earned an outstanding reputation throughout the local community. The home operates from a spacious detached residential property. This provides a welcoming and comfortable residential environment for the occupants. It also helps to facilitate the independent living assistance that this facility provides.
The site was placed on the market in the dependable hands of Redwoods Dowling Kerr, due to the previous vendor’s wish to retire. The home received substantial interest and multiple offers, with the successful offer being made by the new proprietor. With 10 years of experience in the healthcare industry, the new vendor was attracted to choose this facility as their first setting due to it’s CQC report, it’s full occupancy level and its robust organisational structure. Their aim is to continue the unrivalled reputation this care home holds. They wish to make outstanding contributions to this growing industry.
The Vendor commented;
I would like to thank Redwoods Dowling Kerr and Asif Musa for the sale of our care home. Asif was extremely helpful in finding us a suitable buyer and in keeping the deal on track from start to finish. We know healthcare transactions are never easy, but it is good to deal with professionals who understand the business and who go the extra mile to get the deal done. I would certainly recommend Redwood Dowling Kerr to any home owner who is planning to sell.
The Buyer commented;
Asif and the Redwoods Dowling Kerr team were fantastic throughout the process of acquiring the care home. They give me updates of available businesses to acquire. When I made up my mind to acquire a particular one, they supported me throughout the buying process. Asif especially offered very valuable advice on funding, legal services and other issues; which made the whole process much easier. I would honestly advise anybody intending to acquire a care home to utilise the services of Redwoods Dowling Kerr. I would certainly be interested in using their services again for any future purchase.
Lead Negotiator of the sale Asif Musa commented;
I am pleased to have found a suitable buyer for this unique business. We completed this transaction in a timely manner. This process was maintained by ensuring that funds were in place from the outset and that we were in close contact with all parties throughout the sale. I wish my clients all the best for the future.