Great Britain

Two Accrington care homes sold to 'first-time buyer'

Two Accrington residential care homes have been sold to a first-time buyer.

Redwoods Dowling Kerr are pleased to announce the successful sale of Wellfield and Henley House care homes in Accrington.

Wellfield has been under the same family ownership since the mid 1960’s. This well-known home has established a good reputation over the years for providing care, support and dignity for the elderly, with a capacity for 29 residents.

Henley House has a capacity for 23 residents. It was established by the present owners back in 1983. Since that time the home has become renowned for providing professional, respectful, and efficient care.

Upon completion of the sale, the buyer said: “I am very happy to have purchased a group of two care homes from Redwoods Dowling Kerr and would certainly work with them again in acquiring further opportunities.

“The purchase had become protracted in the lockdown and Asif Musa was extremely helpful in keeping the deal on track, whenever a problem occurred during the sale Asif quickly jumped on it to resolve it.

“Asif also recommended us to one of their panel of solicitors who did a great job in bringing the sale to a satisfactory completion. We all know going through healthcare transaction is never easy, but it is good to deal with professional who understands the business and wants to get the deal done on both sides.

“I would certainly work with Redwoods Dowling Kerr and Asif again and have confidence in their ability.”

The owner wanted to sell the two properties as they wanted to retire and after four viewings, four strong offers were submitted.

The care homes were sold to a first-time buyer who said the location and opportunity to increase profits attracted them to the business.

Healthcare Negotiator, Asif Musa said: “It has been a pleasure working with our client for all the hard work she has put in during these difficult times to get the sale over the line.

“It has been an excellent result for all concerned. I wish my clients all the best with their retirement.”

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