9/12/2022 | Care

Hampshire town care home sold for the first time in 20 years

Specialist business property adviser, Christie & Co, has completed on the freehold sale of Thornfields Care Home in Lymington, Hampshire.

Thornfields Care Home

Thornfields is a ‘Good’ rated care home registered for 17 service users in the category of Old Age, Dementia, Mental Health, and Physical Disability. The business occupies a large, detached property with 13 bedrooms, seven of which have en-suite facilities, in the Georgian market town of Lymington in Hampshire.

The business has been owned and operated by Freddy and Cindy Poordil for the last 20 years, who recently decided to sell to retire from the care sector. Following a confidential sale process with Christie & Co, the home has been sold to new market entrant, Emerald Care Providers Ltd.

Previous owner, Freddy Poordil, comments, “We are sad to be finally leaving the care sector and selling Thornfields which has been our business for the last 20 years. It has been a pleasure working with the staff and looking after all the residents over this time and we wish the new owners great success in their new business. This is a lovely care home, and we are sure they will do well.”

Krish Selvaratnam, Director at Emerald Care Providers Ltd, comments, “Thornfields is a well presented and homely property which, straight away, we thought was right for us. Lymington is a delightful town, and we look forward to getting to know the area and all of those who are involved with the care home.”

Charles Phillips, Director - Healthcare at Christie & Co, who handled the sale, adds, “This is the second home that we have sold for Freddy and Cindy over the years, and it has been a pleasure acting for them again. This care home attracted a good level of interest with multiple offers having been received. We are pleased to have sold the home to Emerald Care Providers Ltd who are new entrants to the care sector, and wish them all the best with their new business. The sale of this home demonstrates the demand for care homes in the South of all sizes and categories of care.”

Thornfields Care Home was sold for an undisclosed price.

For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 020 7448 8849 or E: phoebe.burrows@christie.com

Contact the agent:
Charles Phillips, Director – Healthcare (South)
P: 07764 241 346 or E: charles.phillips@christie.com

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