Dorset care home purchased by homecare provider

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Christie and Co=care industry newsLeading business agent and care home sales specialist, Christie & Co is pleased to announce the sale of Avon Lea care home on Dorchester Road, Weymouth.

The home has been sold to local healthcare management company, All About Care, which is based in Dorchester and operates a domiciliary care business throughout Dorset as well as a 50-bed nursing home in Devon.

The home is registered for 40 clients in 36 bedrooms with ensuite facilities.  It is located on one of the main routes into Dorchester with gardens at the rear and off road parking for 8-10 vehicles.

Commenting on the sale, Simon Harvey, Director of Christie & Co’s South West Healthcare team said: “We experienced very strong interest in Avon Lea and are delighted to have secured the future of the home with the sale to All About Care. We wish the Directors and staff well for the future.

“The local and regional care markets remain strong with demand from a wide variety of purchasers from those keen to expand their existing portfolio to a number of new entrants who see the Care sector as one with a positive future.  This activity is supported by continued appetite from the lenders who are equally upbeat about the sector overall.”

The home had been marketed freehold at a guide price of £1.5m and the sale was agreed after a swift marketing period with multiple bids.

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