Family-run care provider Coate Water Care has acquired Avebury House care home in Devizes, Wiltshire.
The service, which has been acquired and refurbished during the COVID-19 crisis, will open shortly and provide a range of nursing and dementia care for up to 47 residents.
Paul Daniels, Partner and Head of Real Estate at Royds Withy King, who advised on the purchase, said: “We are really pleased to have supported Geraldine and the Coate Water Care team through this transaction to enable them to acquire this exciting opportunity. The home is in a lovely setting next to the Kennet & Avon canal and, with the level of care provided by Coate Water Care, I am confident it will be very attractive to its new residents and their families.”
Geraldine Smith, director of Coate Water Care, said: “We are delighted to have secured this new property to re-open a much-needed care home in Devizes. It was not without its challenges during this difficult period, but our team at Coate Water Care has been brilliant in refurbishing the home in a matter of weeks.
“We could not have done this without the expert support and advice of Royds Withy King, who guided us through the legal process from start to finish. It has been a real team effort and I am so pleased we have managed to pull it off.”
The specialist business agents, Christie & Co, advised the seller and funding for the purchase was provided by NatWest Bank.