Oriel Lodge in Bath sold by Christie & Co
The Bristol office of specialist property adviser Christie & Co is delighted to announce the sale of Oriel Lodge, a residential care home in Bath.
Acting on behalf of Grove Care Limited, Oriel Lodge has been sold to Bilal Raja, acting through Oriel Lodge Limited, and associated with the Huskards Care Group. The Huskards Care Group operates other care homes in the West Midlands and Berkshire.
Oriel Lodge trades as a residential care home with 20 bedrooms arranged in an attractive stone constructed property located on the eastern fringes of Bath. The care home has a Good CQC rating.
Christopher Taylor, a Director of Grove Care commented, ‘We are delighted with the sale and we are sure that the management of Oriel Lodge Limited, under the leadership of Bilal Raja, will continue to provide the very best care for the residents of Oriel Lodge.”
Bilal Raja, Director of Oriel Lodge Limited, commented, “I am very excited to work with the Oriel Lodge family. On viewing the business for the very first time, we were struck by the quality of the staff and excellent care provided.”
Rob Kinsman, Regional Director of Christie & Co commented, ‘Having sold Oriel Lodge to Grove Care in 2004, we are delighted to be part of their ongoing strategy. We negotiated a deal swiftly and with minimum fuss and I am sure that Oriel Lodge will continue to thrive under Bilal’s guidance and stewardship. The market for quality care homes continues to thrive despite the highly publicized challenges the social care sector is facing.”
Royds Withy King Solicitors acted for Grove Care. Oriel Lodge Limited was advised by Gisby Harrison.
The freehold interest of Oriel Lodge was sold off an undisclosed sum.