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08 April 2021 | Care

West Yorkshire care home sold to first-time buyer through Christie & Co

Specialist business property adviser, Christie & Co, has announced the sale of Laurel Mount Nursing Home in Keighley, West Yorkshire.

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Laurel Mount Nursing Home is registered with the Care Quality Commission as a Care Home with Nursing for a maximum of 34 service users. It has been in the same ownership for nearly 20 years and is run under full management.

The home is located in a residential area of the West Yorkshire town of Keighley, just circa 11 miles north west of Bradford city centre, and lies in a fold between the countryside of Airedale and Keighley Moors.

The home has been purchased by first-time buyer, Reemy MediCare Ltd. Speaking on behalf of the company, Managing Director, Dr. Baby Cherian, comments, “We are excited to have purchased Laurel Mount Nursing Home, and are looking forward to working with the staff and getting to know the residents and their families.”

Jonathan Wickens, Director at Christie & Co, who handled the sale, comments, “We are pleased to have worked on the sale of Laurel Mount and wish Reemy Medicare every success in the future.

“With the vaccination roll out well under way and care homes considered a priority, we have now seen all homes offered the first vaccine with many already having received the booster dose. Visits are now available to resident’s families and there are signs that we are on the road to recovery. As there have been a number of lockdowns and access to homes has been difficult, the flow of homes coming to market is slower than in previous years which in turn means there is pent up demand particularly from existing operators looking to expand their portfolios.”

Laurel Mount Nursing Home was sold at an undisclosed price.
 


 
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com

Contact the agent:
Jonathan Wickens, Director – Healthcare
P: 07764 241 328 or E: jonathan.wickens@christie.com