Christie & Co sells Stoke-on-Trent care home

Elizabeth House

Specialist business property adviser, Christie & Co, has sold Elizabeth Care Home in Werrington, Stoke-on-Trent.

The home, which provides residential and dementia care for up to 35 residents, was sold off a guide price for £1.6m on behalf of Mr & Mrs Fradley who are going into retirement.

Tamara Gee, Senior Business Agent at Christie & Co who handled the sale, said: “It is a pleasure to see Mr & Mrs Fradley now able to fully enjoy their retirement and I wish them and the new owners the best of luck for the future.

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“Care homes in Staffordshire always attract a strong interest, as we find that a lot of local operators are keen to expand their existing portfolios.”

Elizabeth House is a management run home with 29 bedrooms on the ground floor and six bedrooms on the first floor, with facilities including three lounge areas, dining area and treatment room/hairdresser.

The home was rated Requires Improvement following its last CQC inspection last month.

To read the report click here.

Tags : AcquisitionChristie & Co

The author Lee Peart

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