Three nursing homes in Kent have been sold through specialist business property adviser Christie & Co to Integrum Care Group in an off-market deal.
Saltwood Care Centre, Hythe View and Balgowan House were sold via a share sale of the parent company, Hythe Care Homes, at an undisclosed price.
Martin Gould, Head of Brokerage – Care at Christie & Co, who handled the sale in conjunction with fellow Director John Harrison, said: “We’re really pleased to have successfully concluded this sale, particularly so as it allows Phil and Tony to move forwards with their respective retirement plans. It’s also really good to see the buyers, Integrum Care Group, add to their growing portfolio.”
The three homes, which provide a combined 143 bedrooms and are all rated ‘good’ by the CQC, were brought to market by previous owners and principal directors, Phil Barker and Tony Barnes, who are retiring.
They said: “Martin and John’s excellent understanding of the market accurately identified Integrum Care Group as a potential purchaser of Hythe Care Homes Limited. Their confidential marketing process, expertise and guidance was crucial in helping us through the process and achieving a successful conclusion.”