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Knights Care snaps up Lincolnshire home for £1.5m asking price

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Purpose-built Lincolnshire care home Randolph House has been sold for its £1.5m asking price to Knights Care.

Scunthorpe’s Randolph House is registered with the CQC to provide dementia and residential care as well as day care, respite, and long-term placements for up to 70 residents.

The business sits in a good-quality detached two-storey property with 67 bedrooms, eight of which have en suite facilities.

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The business was previously managed by Burlington Care on behalf of an investment fund.

The home has been purchased by Knights Care, a Chesterfield-based operator.

Adam Knights, managing director, commented: “We are extremely excited to bring Randolph House on board to the Knights Care family. Look forward to working with you again on our next acquisition.”

Julie Kitson, director at Christie & Co, who handled the sale, added: “I am delighted to have been able to assist Knights Care in purchasing Randolph House and am sure it will be an excellent addition to the group.

Tags : Christie & Coknights careRandolph HouseScunthorpe
Sam Lewis

The author Sam Lewis

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