Eastbourne care home sold as owner retires after 20 years
Specialist business property adviser, Christie & Co, has announced the sale of Sunnyhill Residential Care Home in Eastbourne, East Sussex.
Business. Built around You.
Your expert business property advisers
Sunnyhill is a three-storey, 20-bedroom dementia care home with a ‘Good’ CQC rating and a strong trading history. The business is located in a predominantly residential area in Eastbourne which has a higher-than-average population of residents at retirement age.
The home has been under the ownership of Raj Madlani of Amba Care Homes Group since 2003. Raj also sold two of his homes - Old Shenfield Place and Ardtully Retirement Residence – through Christie & Co last year.
Following a confidential sales process with Christie & Co, Sunnyhill has been purchased by Sunjay Rai and Ash Sharma who own other care homes in East Sussex including Rivendale Lodge which they also bought through Christie & Co in 2003.
Raj Madlani, former owner of Sunnyhill Residential Care Home, comments, "I am delighted to share the news that I have successfully sold Sunnyhill to Sunjay and Ash, who are highly accomplished in the local care home industry, with a remarkable track record of success. I have immense confidence in their ability to continue operating the home while upholding its strong reputation, which I have diligently nurtured over my 20-year ownership.”
Sunjay Rai and Ash Sharma, new owners of Sunnyhill Residential Care Home, comment, “We are very excited about the purchase of Sunnyhill which we always thought would be a great fit with our existing family of care homes, Rivendale Lodge in Eastbourne and Nova House in Seaford, all of which have ‘Good’ CQC reports and strong reputations.”
John Harrison, Director – Healthcare at Christie & Co, who handled the sale, comments, “Having also sold two other care homes for Raj, we are delighted to have completed the sale of Sunnyhill for him. I have known Sunjay and Ash for a number of years and, given their success in the sector, I was sure they would be an ideal fit for the home, and will continue the strong reputation that has been established by Raj.”
Sunnyhill Residential Care Home was sold for an undisclosed price.
---------------------
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 07540 063 598 or E: phoebe.burrows@christie.com
Contact the agent:
John Harrison, Director - Healthcare
P: 07764 241 296 or E: john.harrison@christie.com
Visit Christie & Co’s Business Search page to find out more about current care listings.