Somerset operator acquires fourth care home
Specialist business property adviser, Christie & Co has successfully completed the sale of Acacia Nursing Home in Yeovil to Somerset-based care home operator, Camelot Care Ltd.
The home, which was previously known as Hendford Nursing Home, had been owned by Aurora Care Ltd and operated by Caspia Care. Having opened in 2010, it is registered to provide care for 41 residents all in single rooms with ensuite wet rooms.
Within the grounds of the property, there is land with planning permission to add up to 40 extra bedrooms to the service as well as a currently unused building which will be able to provide ancillary space and additional accommodation for staff.
Simon Harvey, Director in Christie & Co’s South West Healthcare team comments, “This sale, along with a number of others that have recently completed and are currently ongoing, shows the continuing appetite that exists for care home opportunities across the South West.
“We are delighted to have assisted the previous owners with this disposal and wish the Directors of Camelot Care every success with the plans they have for their fourth care home.”
The freehold interest of the business was sold off a guide price of £1.95m.