Established care home in charming Oxfordshire village sold
Specialist business property adviser, Christie & Co, has completed the sale of The Old Vicarage care home near Wallingford, Oxfordshire.
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The home is a 52-bedroom, purpose-built facility with additional space in the original Old Vicarage property. It offers high-quality residential and dementia care and sits on a 3.95-acre plot in the village of Moulsford. The care home provides excellent accommodation in terms of bedrooms, lounges, dining rooms and activity rooms and its own chapel. The gardens are lawned and extensive.
The Old Vicarage, previously owned by Friends of the Elderly, has been sold to Hanning Homes Ltd, marking the company’s first step into the care sector. The home attracted strong interest from a wide range of potential buyers after being brought to market by Charles Phillips at Christie & Co. Friends of the Elderly chose Hanning Homes as the buyer due to its close alignment of values and commitment to quality care.
Jennifer Griffiths, Interim Co-chief Executive of Friends of the Elderly, comments, “It was very important for Friends of the Elderly to find a buyer who shared our values and had a clear vision for the future of The Old Vicarage. We wish Hanning Homes every success as they take The Old Vicarage forward.”
Charlie Vaughan-Lee, CEO at Hanning Homes Ltd, comments, “I am delighted to have purchased such a lovely home and would like to thank Friends of the Elderly for helping me start my journey into the care sector. I am looking forward to building on the home’s strong local reputation and working with the staff and residents to enrich the lives of everyone at the home.”
Charles Phillips, Director - Care at Christie & Co, comments, “The Old Vicarage is a superb care home, and we obtained strong interest and multiple offers during the marketing campaign. This demonstrates there is very good demand for similar homes in this area and also the wider south. It has been a pleasure working with both the sellers and the purchaser on this deal, and we wish them both the best of luck with their future plans.”
The Old Vicarage was sold for an undisclosed price.
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For further information on this press release, contact:
Phoebe Hill, Associate Director - Corporate Communications
P: 07540 063 598 or E: phoebe.hill@christie.com
Visit Christie & Co’s Business Search page to find out more about current care listings.