Redwoods Dowling Kerr are delighted to announce the sale of the highly respected Rock Residential Home.
The business is registered for 14 residents and has been in present family ownership for several years. The well-established home provides residential care for the elderly situated in Devon.
The Rock Retirement Home occupies a convenient and desirable setting within a well populated residential area ideally placed for local shops and amenities with the (A38) and public transport facilities close at hand.
The setting is well-known within the town boasting a truly enviable reputation demonstrating an excellent trading record with historically high occupancy levels approaching capacity whilst also enjoying regular referrals and recommendations.
The owner wanted to sell The Rock Retirement Home as they wanted to retire. Redwoods Dowling Kerr was instructed in the sale and our bespoke sales process found the right buyer.
After a high amount of interest, including six viewings and two strong offers the business was sold to a first-time buyer who has plans to continue the good work of the previous owner.
Upon completion of the sale, the vendor said: “The sale of our business through Redwoods Downing Kerr was professionally handled. Asif found us a suitable buyer and always remained in contact with us throughout the sale, even in lockdown. Asif also recommended us to one of their panel of solicitors who did a great job in bringing the sale to a satisfactory completion. I would recommend RDK and Asif to anyone who is looking to sell their care home.”
Sales Negotiator, Asif Musa said: “It has been a pleasure working with both of our clients for all the hard work they have put in during these difficult times to get the sale over the line. It has been an excellent result for all concerned. I wish my clients all the best with their retirement.”
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