Family-run Tiverton care home changes hands after three decades
Specialist business property adviser, Christie & Co, has announced the sale of St George’s House care home in Tiverton, Mid Devon.
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St George’s House is a residential care home registered for 19 adults over 65 years. It occupies an attractive 16-bedroom period property on Park Road, close to Tiverton town centre.
The home has been owned by the Lindley family for three decades and was brought to market to allow the current owners to fully retire from the care sector.
Following a confidential sales process with Eve-Angelica Apperley at Christie & Co, and with funding sourced through Tamara Ryan at Christie Finance, the home has been purchased by first-time buyers, Shaji Mathew and Jincy Francis of Sussex Care Limited.
Matthew Lindley, the former owner of St George’s House, comments, “The family moved from the original care home at Bolham House in 1985 to St George's, converting it from a hotel to a retirement home originally. Maureen and Brian ran it until they needed to requalify in 2006. I completed the RMA for them and took the reins in 2007, running it alongside my job as a construction manager for TFL. I've been running it to allow them to retire for 19 years, until Maureen's health deteriorated and she needed a room in the home for herself. That was the point we decided to sell to allow everyone to move on and Maureen to be cared for in her own home!”
Shaji Mathew, the new owner of St George’s House, comments, “Our family already has a strong background in care, with my wife also being a nurse. We also have several other businesses, so this felt like a natural next step for us. We’re really looking forward to upholding the excellent reputation that St George’s House has built over the years, working with the team, and continuing to provide outstanding care for many years to come.”
Eve-Angelica Apperley, Business Agent – Care at Christie & Co, comments, “I’m really pleased we were able to achieve a positive outcome for both the seller and the buyer on this one. It was an incredibly sentimental sale, with the home being so well‑loved and cared for by the Lindley family for three decades. We wish them all the very best in their retirement, and the buyers every success for the future.”
Tamara Ryan, Senior Finance Consultant at Christie Finance, “I have been working with Shaji and Jincy for some time now, and it was such an achievement to get this one over the line to completion. There were a number of obstacles faced, but Shaji and Jincy showed great drive and passion to see this through, which I know is something that they will bring with them to St George’s. Working with colleagues from Christe & Co and Christie Insurance was also invaluable in this case, where we all needed to work collaboratively to see this through to completion. I wish both Shaji and Jincy well in their new venture and look forward to seeing their success in due course.”
St George’s House was sold for an undisclosed price.
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