Somerset Care has told 16 residents of its Priory residence in Tetbury, Gloucestershire, that the home will close on March 31.
Somerset Care, a not-for-profit group that runs 31 homes across the South of England, says that the 18th Century, Grade II listed building had become unviable to maintain.
Somerset Care chief executive Jane Townson explained: “Sadly, despite looking for alternative solutions, the home has simply become unviable. The Priory is a lovely old building, but it is becoming increasingly impractical and costly.
“Our main priority at this difficult time is to ensure the continuity of care of our residents and we are in talks with them and their family members to make sure that each person gets the right support for them.”
Mark Branton, assistant director of adult social care at Gloucestershire County Council added: “When a private care home takes the decision to close, it can be a very difficult time for residents and their families alike.
“Our priority is to help residents and their families to find alternative accommodation that suits their needs.”
A report in local newspaper Wilts and Gloucestershire Standard quoted Tetbury Mayor Sandra Bell, who said: “Tetbury Town Council are very, very sad about this decision by Somerset Care and we feel that the residents and staff have been let down very badly.
“Our hearts go out to all the residents, one of whom is 103. and their families who have now got to make the agonising decision to find a new home for their loved one, at a time when the residents of the Priory should be safe, cherished and comfortable in their twilight years.
“The staff, some of which have been at The Priory for more than 20 years, are devastated and will now have to find new jobs at a time when there are not a lot of jobs around.
“I understand that the reason for closing is financial, however for nearly a year they have been running at approximately half capacity of residents in a 28 bed home and had made the decision, so I have been informed, not to take in social service residents.
“Tetebury Town Council will do all it can to help and support staff, residents and their families in whatever we can at a very stressful time.”