London care home operator Caslope Care has expanded its business outside the capital by acquiring Fernleigh House Care Home and Domiciliary Care Agency in Cornwall.
The home which is located in the village of Albaston was owned and operated by Alastair Tinto and Jan Cradick for over 25 years. They have now sold the business to retire from the care sector.
The home is registered for 11 clients with 10 ensuite bedrooms whilst the domiciliary care agency provided in excess of 200 care hours per week to clients in and around the local area.
Caslope Care is run by Charity Masoapatali and Sofia Musangeya who have operated domiciliary care businesses in London for the last five years and have expanded to Cornwall with this acquisition.
They will continue to run the business with the existing staff team in place to ensure continuity for all service users.
Simon Harvey, director of Christie & Co’s South West Care team, which assisted with the sale, said: “There has been demand from a wide range of buyers in the local and regional care markets generally who are upbeat about the sector’s future. There is also a continued confidence from the lenders who are equally positive about the market’s growth.”
The business was sold for an undisclosed sum.