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03 June 2013
Artists impression of Canterbury care home development
Sanctuary Group has acquired a site in Hersden, near Canterbury in Kent, with a view to operating a new 60-bed care home.
The transaction was brokered by specialist property adviser Christie + Co on behalf of Frontier Estates.
Planning consent has been granted for the new 60-bed care home, which Sanctuary Group wants to build to serve the local community. The finished building will deliver a high quality, state-of-the-art care home, and will create in the order of 50 new jobs. Construction is due to start later in the year.
Duncan Ford, Director of Frontier Estates says: “We are delighted with this transaction and the advice provided by Christie + Co. Frontier Estates has secured a pipeline of exciting care home development opportunities, and we are always happy to proactively acquire new sites in locations where our client operators want to be, often on an unconditional basis.”
For further information about businesses for sale through Christie + Co, go to www.christie.com/search/businesses_for_sale and for details of businesses recently sold, go to www.christie.com/sold/search