A substantial detached property previously used as a care home in Tamworth has been purchased by existing operators.
The two-storey property was once registered for a 10-bedroom care home. Since 2013, the property has been used for care for young vulnerable adults aged 8-18.
Close to the M42, the spacious and versatile accommodation is set over two floors with easy access, ideal for assisted living or residential care.
The property has ample space in each room, with high-quality décor and furniture, complete with a passenger lift, private car parking and a large well-maintained garden.
Having managed the property for several years, our client wished to sell the property as they wanted to pursue other business interests.
Recognised as the UK’s leading advisor in business sales, the vendor instructed Redwoods Dowling Kerr in the sale of the property, which was brokered by Sales Negotiator Nick Shepherd.
After a comprehensive marketing and research campaign, the premises generated significant amounts of interest and received nine viewings, with three excellent offers submitted.
The successful bid came from an existing operator who has strong experience in the sector and already has a domiciliary care agency in the UK.
The location of the property and the potential is what attracted them to the opportunity. The buyer wishes to continue running the premises has a young adult care provider due to its growth potential.
Upon completion of the sale, the vendor said: “I would like to express my thanks to Redwoods Dowling Kerr, especially Nick Shepherd because he worked tirelessly to get a tricky sale completed.”
“Nick was also very approachable and recommended one of their preferred solicitors who worked proficiently to get all legal matters pertaining to the sale completed.”
“I would therefore strongly recommend RDK to anyone looking to purchase or sell a business.”
The buyer said: “My time with Redwoods Dowling Kerr has been very professional, organised and extremely friendly. The level of service has been high-quality throughout and we are excited with the deal.
“I would highly recommend Redwoods Dowling Kerr – they are efficient brokers who get the deal done.”
Sales Negotiator Nick Shepherd said: This deal was a pleasure to work and although it proved difficult at times, all parties were worked together to get the deal across the line.
“I am sure the buyers will turn the home into a successful care home once again.”
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