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17 March 2017 | Care

Christie & Co instructed to sell Shropshire nursing home

Specialist business property adviser, Christie & Co has been instructed to sell Elmhurst Nursing Home in the village of Prees, near Whitchurch, Shropshire on behalf of administrator, AlixPartners.

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Having started out as a residential property, the home is currently registered for 45 residents in 37 rooms (29 with en suite facilities). The residents’ accommodation is all located on the ground floor and there is also planning consent for a 60 bed extension to the property.

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Paul Reilly, Associate Director at Christie & Co who is handling the sale comments, “This is a good opportunity for either a small regional operator looking to add to their portfolio or someone looking for a turnaround project with management and staff already in place.”

The freehold interest of Elmhurst Nursing Home is being marketed with a guide price of £1.5m.