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20 April 2015 | Care

One of Cornwall’s largest care homes sold to expanding Cornish care operator

Businesses sold

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Specialist property adviser Christie + Co has sold Trelana Nursing Home in the village of Poughill, near Bude, on behalf of Embrace Group, an independent provider of health and social care in the UK.

The 50 bedroom care home has been purchased by Sharob Care, a family-run care operator, on an off market confidential basis.

Sharob Care has two other homes in Cornwall; Eldon House in Liskeard and Caprera House in St Austell. Funding was provided by Christie + Co’s sister company, Christie Finance, who scanned the market for the best deal for Sharob Care.

John Crocker, Director at Christie + Co’s Exeter office, who transacted the sale, was asked to speak to credible buyers and was quick to find a number of buyers who saw the home as a good opportunity to add to their existing operations.  

Commenting on the sale, John Crocker said: “The sale of Trelana to Sharob Care brings the company’s total number of homes to three and number of beds to 100.  We were delighted to work with both buyer and seller in bringing this sale to a satisfactory conclusion.”