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Hampshire care home sold to first time buyer through Christie & Co

Lavender House

Specialist business property advisor, Christie & Co, has completed the sale of Lavender House in Hampshire.

The home in the Southampton suburb, Woolston, which is registered for elderly and dementia care, was sold to first time owners Moni Virdi and her father Bob.

Previous owner Richard Kitchen said: “I took the decision to sell three of my four care homes, and am very pleased to have achieved a positive sale of Lavender House, with completion of the other two homes expected soon. The process was smooth, and it is great to see the enthusiasm that Moni has for the sector, I wish her and the team great success with their new business.”

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Moni added: “We had been looking to buy a care home for quite a while and when we saw Lavender House we felt a connection straight away. The property presents very well and it is a lovely and well run home which we are very pleased to have bought. This is an exciting new venture for us, and we look forward to getting to know the staff, residents and their families.”

The two-storey home has 15 bedrooms, four of which have en suite facilities, and boasts a full time manager and care team, many of whom are long serving.

Charles Phillips, Director at Christie & Co’s Winchester office handled the sale added: “Having supported Richard with the sale of one of his other homes a number of years ago, I was delighted to be asked again to assist him with the sale of three of his care homes. Lavender House is the first sale to complete, though the other two homes are both under offer. Lavender House is an ideal purchase of a new entrant to the care sector and with the assistance of the dedicated staff we are confident that Moni and Bob will do very well.”

Tags : AcquisitionChristie & Co
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The author Lee Peart

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