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04 September 2019 | Care

Hampshire care home sold to regional operator through Christie & Co

Specialist business property adviser, Christie & Co has completed on the sale of Bluebell Nursing Home, a well established and highly regarded care home with nursing in Southsea, Hampshire.

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Bluebell Nursing Home comprises five terraced houses which, although registered for 50, features 42 bedrooms over three floors, the majority of which have en suite facilities. All floors are accessed via three passenger lifts and there is a large basement for ancillary areas. The property is located in an affluent area close to both Southsea shopping centre and the seafront.  To the rear of the building is an enclosed garden with patio areas for residents and their families and also an aviary. The business was sold by way of a share transfer of the owning company.

Previous owner Mr Ian Smith, Director of Techscheme Ltd purchased the business through Christie & Co in 2004 and since then has undertaken a series of upgrades and improvements which have benefitted both the staff and residents. The business trades with strong occupancy and a Good CQC report.

Ian comments, “This has been a real family business with my parents, myself and my son involved with the care home since we purchased back in 2004. It was felt that now was a good time to sell and my parents to retire from the sector and for me to further develop my digital care based system DCA. We are pleased that my son Matthew will have an active role with the new owners who were keen to keep him employed at Bluebell. It has been a pleasure working with Charles at Christie & Co and we with Marc and his team great success.

New Owner, Marc Santhi, CEO of Eleanor Nursing and Social care Ltd, another family owned business, which operates care homes and provides care within the communities across the South of England comments, “We are delighted to have purchased Bluebell Nursing Home and this shows our commitment to the care sector. This is a very good business in a popular location and we are pleased that Matthew Smith, the manager and the rest of the staff have decided to remain with the home.  We look forward to building on the good reputation of the care home.”

Charles Phillips, Director at Christie & Co’s Winchester office handled the sale and adds, “Having sold the home to Ian and his family back in 2004, it was a pleasure to be appointed their agent when the family decided to sell. A good level of interest was expressed for this well performing home and I am confident that the home will prosper under the ownership of Eleanor Nursing and Social Care Ltd. We wish the Smith’s all the best in their retirement from the sector and the new buyer every success with their future plans.”