Park View Nursing Home is Now Under New Ownership

19th February 2020

Park View Nursing Home is Now Under New Ownership

This well-respected nursing home in Nottingham has been sold thanks to Redwoods Dowling Kerr.

Park View Nursing Home provides adaptable and reliable care for the elderly, offering a personal, friendly and unique service within a warm and welcoming environment.

The nursing home was established to meet the demand for high-quality care in the local area and since opening its doors it has developed an excellent reputation in the locality.

This nursing home features 14 en-suite bedrooms and is well presented throughout having benefitted from regular investment from the previous vendor. Carefully modernised and refurbished over the years, the care home has evolved into the outstanding facility that it is today.

The nursing home receives regular recommendations and referrals through word of mouth due to the excellent accommodation provided by the home, and it benefits from healthy occupancy levels as a result, together with a ‘Good’ CQC rating upon its most recent inspection.

After 10 years of successful operation, the vendor came to the decision they had achieved all that they wished to and felt it was time for a new sector operative to acquire the setting.

Approaching Redwoods Dowling Kerr to facilitate the transition of ownership of their care home, the home attracted a considerable amount of interest, receiving 12 viewings, and 3 competitive offers, ultimately being acquired by a first-time buyer with a background as a healthcare training provider.

They were initially attracted to the healthcare sector due to the growth that it has seen in recent years with this particular care facility standing out due to its quality of specialist care provision and its’ ‘Good’ CQC rating.

The buyer wishes to continue operating the nursing home, delivering the high level of care to which its residents have become accustomed.

The buyer commented;

“I would like to say a huge thank you to Asif, the agent from Redwoods Dowling Kerr, in dealing with my recent purchase of a nursing home.”

“Asif did a great job in finding me a well-run and managed care-home, with a ‘Good’ CQC rating.”

“His guidance, help & patience during the negotiation process really helped the sale to run smoothly between myself and the vendor.”

“Thank you also to Marc Holmes for pushing the deal to completion.”

“Asif was always approachable, a problem solver, very easy to talk to and I would most definitely recommend RDK & Asif if I was looking for another healthcare business in the future.”

Lead Negotiator Asif Musa commented;

“I am happy to have sold this unique and specialist nursing home for our client and wish them all the best for the future.”

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