Local operator acquires Teesside homes through Christie & Co

Cedar Lodge

Local operator Stockton Care Limited has acquired two Teesside care homes through specialist property adviser, Christie & Co.

The Cedar Lodge and Cherry Tree homes were purchased with Mincoffs Solicitors advising on behalf of Stockton Care Limited.

New owner, Vinod Hukkeri, Director of Stockton Care Limited, said: “We are extremely satisfied with the professional services rendered by Christie & Co and Mincoffs Solicitors in our recent double acquisition of Cherry Tree Care Centre and Cedar Lodge Nursing Homes in Stockton.

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“Our special thanks to John Nicholson & Malcom Wood from Mincoffs and Julie Kitson from Christie & Co, who handled the sale professionally from start to finish. They kept us informed every step of the way and they possess exemplary knowledge and expertise about care home acquisitions.”

Julie added: “Acting on behalf of a corporate operator who was looking to dispose of a portfolio of seven homes, it has been a pleasure to assist Stockton Care in their second purchase.  As Cedar Lodge was a closed unit, I am looking forward to seeing the refurbished premises re-open and I am sure the home will be a success and an asset to the local community.”

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