Specialist business property adviser, Christie & Co, has sold Bank House Care Homes which comprises a portfolio of two purpose-built care homes in Nottinghamshire.
Established by Trish and Kris Sooriah in 2000, Bank House Care Homes is a family-run business that has enjoyed success with its two most recently constructed state-of-the-art, purpose-built care homes, Ashcroft and Willowcroft, which now make up the entirety of the business’s care home portfolio.
Both homes are situated on the same site, close to Sutton-in-Ashfield town centre in Nottinghamshire.
The business has been purchased by Only Care Limited, a family-run operator established in 2007, which caters to residential, nursing and dementia care needs across England.
Speaking on behalf of Only Care limited, director, Rishi Dhamecha, says: “We are excited to have completed on the acquisition of these two purpose-built care homes in Sutton-in-Ashfield, Nottinghamshire.
“Both homes have a fantastic reputation and share the same family values as us. We look forward to working closely with the team to continue the outstanding levels of care. We also wish Patricia Sooriah and her family well in their next endeavours.”
Lee Howard, regional director – healthcare at Christie & Co, who handled the sale, says: “It has been a pleasure to act for Kris and Trish over the years, having been involved in selling them Ashcroft in 2011. It is a fitting tribute to the late Kris Sooriah and Trish’s continuation to see the units become two of the most respected homes in the Midlands and we were honoured to act in selling them to Only Care.”
Bank House Care Homes was sold for an undisclosed price.