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15 October 2021 | Care

Former Hampshire care home sold to Nightingale Court Care Ltd

Specialist business property adviser, Christie & Co, has completed on the sale of the former Edenvale Nursing Home in Waterlooville, Hampshire, to Nightingale Court Care Ltd.

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Edenvale Nursing Home was purpose-built in 2015 and comprises 35 single en suite bedrooms set over three floors. The home ceased trading in 2019 and was brought to market by its previous owner, Sundridge Developments Ltd, in March 2021, when Christie & Co was appointed to sell the site through a structured marketing campaign.  
 
Multiple offers were received on the site, and the home was sold to Nightingale Court Care Ltd, the Directors of which are local care home operators.
 
Speaking on behalf of Sundridge Developments Ltd, Mr Shan Visram comments, “We are pleased to have concluded a sale to Nightingale Court Care Ltd and wish them all the best with their new purchase. Having been involved with Edenvale since its conception, we are glad to be handing the property over to experienced owners and are confident that they will be very successful.”
 
Speaking on behalf of Nightingale Court Care Ltd, Director, Mr Stephen Geach, comments, “The purchase of the former Edenvale Nursing Home is an exciting opportunity for our company, and we look forward to creating a lovely care home for our residents and a great place to work for our staff. The home is a perfect fit for us, and we are delighted to have purchased it.”
 
Charles Phillips, Director at Christie & Co, who handled the sale, adds, “It has been a pleasure acting for our clients in the sale of Edenvale and we are very pleased with the results obtained during the marketing process. The multiple offers received show that there is great demand for all care homes at present, be that on a trading or closed basis. We look forward to seeing how the business thrives under new ownership.”
 
Edenvale Nursing Home was sold for 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:
Charles Phillips, Director – Healthcare (South)
P: 07764 241 346 or E: charles.phillips@christie.com