Redwoods Dowling Kerr secures second care home for existing operator, located in Morecambe, Lancashire.
This idyllically situated care home has earned a tremendous reputation in the local area. They are known for delivering unparalleled standards of care. They specialise in providing care provision and assisted living for the elderly. They also specialise in convalescence care and palliative care. The dedicated efforts of the team have resulted in Across the Bay earning a “Good” rating by the CQC. The home operates out of a charmingly historic seafront property, creating a peaceful and comfortable environment for the residents.
The care home was placed onto the market in the dependable hands of Redwoods Dowling Kerr, due to the vendor’s wish to retire. The home received an offer after only 2 viewings. It was acquired by an established sector operative. The buyer had already purchased a setting through Redwoods Dowling Kerr and they saw this as the perfect opportunity to expand. The location of the business, and the potential it embodied, was what ultimately attracted them to the opportunity. They wish to develop the business and appeal to clients from further afield. However, they prioritise continuing the exceptional standards of care that this care home is renowned for.
The Buyer Commented;
“I would like to thank Redwoods Dowling Kerr and especially Nicholas Shepherd for helping me acquire my second home. He was extremely helpful throughout the whole sale and I could not have asked him to chase or push this sale any more than he did, in such a professional manner. His experience and ability to negotiate on certain aspects of the deal ensured that we completed when we did, without any serious problems along the sale process. Thank you.”
Lead Negotiator Nicholas Shepherd commented;
“I am delighted to have brokered this deal from offer through to completion. I gained a fantastic relationship with the Vendor and the Buyer during this process. The Vendor has done an exceptional job with the business over the years and deserves a chance to relax. I am sure the buyer will continue to grow the business, as he already has experience in the sector and contacts that will enhance the reputation of the business. I wish the buyer all the best for the future and hope he has all the success that this fabulous business deserves.”