DC Care completes sale of Nottingham’s Seely Hirst House

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DC Care is delighted to confirm the completion of the sale of Seely Hirst House, a care home registered for 38 in Nottingham. The home was marketed on behalf of Adrian Allen and Diana Frangiou, of RSM Restructuring Advisory LLP.

The home attracted a good level of interest, with a number of offers received and despite a sale falling through, another buyer was found quickly and the sale completed within five weeks. The new owner intends to re-open the home, in association with a provider they have an ongoing relationship with.

DC Care would like to thank Chris Lewis at RSM Restructuring, along with Bhavna Keane and Charlie Jones of BKR Consultancy for their work alongside us on this transaction.

Alison Willoughby, Regional Director and Lisa Rushworth, Senior Negotiator, managed the sale on behalf of DC Care. Alison said “this sale presented a number of challenges, not least that we went to market during a lockdown and the decision to close the home was taken during the sale process. However, the interest shown and the offers received demonstrate that there is still a healthy level of interest in care as an investment.”.

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