Christie & Co sells two care homes to Agincare

Tilford Park

Specialist business property adviser Christie & Co has brokered the sale of two care homes to Agincare.

Tilford Park Nursing Home near Farnham, Surrey (pictured) and Summerlea Nursing Home in Littlehampton, West Sussex on behalf of LRH Homes.

Raina Summerson, group CEO of Agincare, said: “Tilford Park and Summerlea (now called Fulford Care Home) are an ideal purchase for Agincare and further show our commitment to the care home sector in the south. We felt that these homes help to connect our homes in Dorset and those in Kent together and they will be able to have a long term future under our ownership.”

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Tilford Park is a 42 registered nursing home with Summerlea Nursing Home being registered for 74 people. Both are converted homes which benefit from large purpose-built extensions and have been maintained to a high standard.

Jag Grewal, managing director of LRH Homes, said: “I am delighted with the way that the confidential sale of both Tilford Park and Summerlea was carried out by Christie & Co. I am also pleased that the homes were sold to one company and feel that in the hands of Agincare the businesses will continue to trade well and prosper.”

Bernard Wynne and Charles Phillips of Christie & Co handled the sale of the homes.

Bernard commented: “Having got to know Jag over a number of years it was a pleasure to assist him with the sales of these two homes and we wish Agincare great success. Agincare is a company which has previously bought care homes through us and we are confident that they will do very well with their latest purchases.”

Based in Dorset, Agincare has been operating care homes since 1985 and now has 17 care homes as well as a large domiciliary care business.

Tags : acquisitiionCare Home for SaleChristie & Co

The author Lee Peart

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