Final Care West Country Ltd business - The Firs in Somerset - sold
Specialist business property adviser, Christie & Co, has announced the sale of The Firs Nursing Home in Taunton, Somerset.
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The Firs Nursing Home, which sits close to Taunton’s town centre, occupies a substantial detached, extended property that provides accommodation for up to 40 elderly residents.
The home has been owned by Somendra Khosla of Care West Country Ltd since the early 1990s. Following the recent sales of Somendra’s two South Wales homes - Llanyravon Court Nursing Home in Cwmbran and Crick Care Home in Monmouthshire – and now the sale of The Firs, he is able to retire from the sector.
With a confidential sales process with Simon Harvey at Christie & Co, the home has been purchased by Arif Pradhan of Halcyon Care Group, an operator with homes across the country, including homes in Exmouth, Cullompton, and Tiverton. The group has acquired The Firs as part of its expansion plans in the South West.
Simon Harvey, Senior Director – Healthcare at Christie & Co, comments, “I am delighted to have acted on the sale of another care home in the South West that continues to demonstrate the strength of appetite that we’re seeing for quality opportunities in the region. The Firs attracted a great amount of interest, with multiple bids received from a wide range of potential purchasers.
“We wish Arif Pradhan and Halcyon Care Group well with this acquisition. We are also delighted to have, once again, been successful on behalf of the Directors of Care West Country Ltd in completing the sale of The Firs, having previously acted on their behalf to sell their Welsh properties.”
The Firs Nursing Home was sold for an undisclosed price.
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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:
Simon Harvey, Senior Director – Healthcare
P: 07764 241 310 or E: simon.harvey@christie.com
Visit Christie & Co’s Business Search page to find out more about current healthcare listings.