Specialist business property adviser Christie & Co has completed the sale of Park Healthcare Ltd, which operates a nursing home and retirement apartments in Shaftesbury, Dorset.
Hays House, which has 41 bedrooms and is registered for 43 residents, and Hays Park, comprising 16 retirement apartments, were sold to Dalton Care Services.
Charles Phillips, Director at Christie & Co’s Winchester office, who handled the sale, said: “Following an extensive marketing campaign in collaboration with joint selling agents, Savills, Park Healthcare Ltd garnered a high level of interest resulting in several competitive bids. We are delighted to have achieved a sale for our clients, who have owned the care home since 1984 and we wish them all the best in their retirement from this sector.
“With exciting plans in place to upgrade the business, I have no doubt that Dalton Care Services will continue to grow the business and wish them every success with their new venture.”
Ramesh Dalton, Managing Director of Dalton Care Services, added: “We are committed to ensuring the current and new residents of Hays House and Hays Park receive the best possible care and look forward to working closely with their families and staff.”