Prominent listed care home in Cornish town purchased by local care provider
Specialist business property adviser, Christie & Co, has announced the sale of Penhellis House, a nursing home in Helston, Cornwall.
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Penhellis House is a ‘Good’ CQC-rated nursing home registered for up to 26 elderly residents with dementia, sensory impairments or physical disabilities.
The care home occupies a stunning Grade II Listed detached residence, providing accommodation across 23 bedrooms, of which 18 have en suite facilities. The Georgian mansion was built in the 1840s and is set within extensive, well-maintained gardens and grounds extending to well over an acre.
The home sits on Cross Street in the town of Helston, West Cornwall. It is recognised as one of the most significant buildings in the town and has a long-standing association with Helston Flora Day, during which one of the traditional dances passes through the building each year.
Following a confidential sales process with Simon Harvey at Christie & Co, the home has been purchased by John Griffiths and Peter Angelides of Devon Care & Living in North Devon, who previously acquired a pair of care homes in Paignton through Christie & Co last year. This latest acquisition brings their total portfolio to three homes and further strengthens their operations across the South West.
John Griffiths and Peter Angelides, new owners of Penhellis House, comment, “Penhellis is a beautiful home in an incredible setting. When we first visited, we were stunned not just by the property itself, but also the lovely staff we met, the quality of the service offered and the overall professionalism and attention to detail in every aspect offered to its residents – it really is something special and we are incredibly proud to be the owners of this incredible home.”
Simon Harvey, Director - Care at Christie & Co, comments, “I am extremely pleased to have again assisted John and Peter in their expansion following on from their purchase of the Paignton homes last summer. The sale of Penhellis is another fine example of the appetite that exists across the region for good quality, well-run and profitable care homes, with this sale again attracting very strong interest and multiple bids from a wide range of potential purchasers.”
Penhellis House was sold for an undisclosed price.
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