A family-owned Devon care home operator has expressed its heartbreak at having to close its property for financial reasons.
Gray Areas Limited, which owns the Torre House care home in Torquay, said it was no longer viable to run the 18-bed property, which employs 27 people, as the cost of running it have become too high.
The home is expected to close its doors at the end of March, according to the Herald Express.
Company chairman, Robert Gray, told the paper: “I am heartbroken we have to close Torre House. It’s very dear to me, as it’s the last project I worked on with my late wife, Cherry, when we took over the home in 2010.”
Despite being consistently highly-rated by the Care Quality Commission, Torre House has been unable to trade profitably.
“Commercial and financial pressures mean it is no longer possible to operate Torre House as a viable concern,” admitted Gray. “The fees paid by local authorities and the NHS nationally do not reflect the actual cost of providing high-quality care.”
Gray said that a shortage of care staff has increased the number of agency staff it has used, leading its wage bill to soar.
“We are spreading the closure over two months. This will give us time to arrange placements at our other homes and organise transfers for those residents we are unable to accommodate,” he added.