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24 July 2018 | Care

Family run care home in Poole sold through Christie & Co

Specialist business property adviser, Christie & Co has successfully completed the sale of Lilliput House, a well-established care home situated close to Sandbanks and Poole Harbour in Dorset.

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Lilliput House is a luxury converted care home with modern extensions and is registered for 54 residents. All bedrooms are for single occupancy and have en suite facilities. The property was purchased by the previous owners in 2003, with a high standard of trade maintained over the years. Originally registered for 38, they carried out a thorough refurbishment programme and extended the home to the current 54 rooms in 2013. Trading accommodation is set over three floors and the home benefits from two passenger lifts. 

Mark and Louise Edney, Directors of Lilliput House Ltd which owns Lilliput House care home, have been involved in the care sector for over 20 years and had previously operated another care home in Bournemouth prior to purchasing Lilliput House. A decision was taken to market the business on a confidential off market basis so as not to interrupt trade, as they decided to retire from the sector. Christie & Co was appointed to carry out a confidential marketing campaign which resulted in a sale being concluded following wide interest from local and national care operators.

Mark Edney comments, “Taking the decision to sell our business which we have enjoyed running since 2003 was a hard one and we are pleased that we appointed Christie & Co to act for us. The marketing process was carried out discreetly and professionally and we are glad to have achieved a sale to the new owners.” 

Now under new owners Lilliput House Holdings, a director from the company comments, “We are delighted to be purchasing this well performing care home and we wish Mark and Louise a relaxing well earned retirement. The care home offers us a good opportunity to build on its already good name and we look forward to getting to know our residents, their families and new colleagues.”

Charles Phillips, Director at Christie & Co’s Winchester office handled the sale and comments, “Following a confidential marketing campaign, Lilliput House garnered a high level of interest from local and national care operators. It has been a pleasure acting for Mark and Louise and we are delighted to have achieved a sale for them. We are confident that with the purchaser’s knowledge and contacts in the care sector, the business will flourish under their ownership.”