SOLD – New Calderglen Care Home

Walton Healthcare Property Consultants brokers a sale of rehabilitation centre in South Lanarkshire Scotland

Walton HPC are pleased to announce the sale of New Calderglen Care Home on behalf of a valued client, to Enhanced Healthcare Ltd. The home was sold for an undisclosed sum, following a discreet and confidential marketing campaign.

The home comprises 24 large bedrooms all with wet room/ensuite facilities, with annex gym and is located in tranquil setting on the outskirts of Blantyre, South Lanarkshire.

Gary Walton, Director at Walton HPC commented

I have advised our clients on number of projects over the years, so it was great to be involved with this instruction and to have achieved this sale on their behalf.

The vendor said

We have invested heavily in the business over the years, so believed it would be good be a very good opportunity for an operator looking to diversify into this market when we decided to sell. We are pleased to have sold to Enhanced Healthcare, who are major operators in Scotland in the specialised care market, so we know we have left the business in capable hands. We appointed Gary for his extensive knowledge and expertise in the care sector, and he undertook the sale process in a very straightforward and professional manner on our behalf.

Gary Walton finalised by saying

This sale was one of the quickest due diligence periods I have seen in many years, effectively 10 weeks from agreement to completion. This was due to both parties engaging quickly, and appointing sector specialists legal, financial, and property advisors to work through this process quickly. I am delighted to have helped Enhanced Healthcare with their expansion plans; with their third home now purchased through us, and hopefully helping them again in the future.

 

2024-05-22T13:39:51+00:00May 8th, 2024|Business News|
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