Redwoods Dowling Kerr is pleased to announce the successful sale of Olive Stone Support, a well-established provider offering supported living for up to seven clients in Langley Park, Durham.
The business, which operates from two terraced properties, provides care and support to clients with learning disabilities and mental health needs. Since November 2008, Olive Stone Support has created a relaxed, homely, and safe environment for its residents, many of whom have been with the service for several years. The properties are conveniently located within a residential area close to local amenities and public transport links.
The homes have been carefully updated and offer spacious, versatile accommodation over two floors, including seven double bedrooms, kitchens, utility rooms, residents’ lounges, and office space. The properties are presented to a high standard throughout, with off-road parking and enclosed rear gardens. Olive Stone Support holds a ‘Good’ CQC rating, reflecting the consistently high-quality care provided.
Olive Stone Support currently supports seven residents with two local authority contracts in place and maintains full occupancy.
Bradley Wilson, Sales Negotiator for Healthcare at Redwoods Dowling Kerr, who negotiated the deal and identified the ideal buyer, said: “Olive Stone Support is a fantastic business with a truly enviable reputation. It was a pleasure to work with both the vendor and the new owner, ensuring a smooth handover for staff and residents alike.”
Are you thinking of selling your business?
If you are considering selling your business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss.
Are you looking to buy a business?
Are you looking to purchase a business? Then the RDK sales team are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at RDK have a wealth of opportunities that may be of interest to you.
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