Heathfields Residential Residence in Bridgend has been offered to an impartial funding group, led by Tijo Joseph, which has a portfolio spanning a wide range of sectors.
Established in 1986, Heathfields Residential House is registered with the CIW to take care of as much as 22 adults with private care and psychological well being wants. The enterprise occupies a sexy and well-presented double-fronted, interval property with a considerable two-storey extension to the rear in addition to a transformed two-storey coach home with extra workplace and administration rooms. The house is situated within the county borough of Bridgend, South Wales, between Cardiff and Swansea.
The house maintains a really excessive occupancy price with an excellent mixture of self-funded and native authority-funded purchasers and has an enviable repute for delivering glorious high quality care inside the local people.
It has been owned by Primrose Davies since 1990 and was not too long ago dropped at market to permit her to pursue a well-earned retirement.
Primrose Davies, earlier proprietor of Heathfields, feedback:
“I’ve owned Heathfields for over 30 years and I’m very pleased with the enterprise that it has change into over this time. I look ahead to my retirement and need Tijo and his group all the perfect with the house going ahead.”
Tijo Joseph, new proprietor of Heathfields, feedback:
“We’re thrilled to have accomplished the acquisition of Heathfields, which marks our first enterprise into the care house sector. The high-quality amenities and glorious repute of the house made it a sexy acquisition for us, and we look ahead to constructing on the robust foundations already in place.”
Oliver McCarthy, Affiliate Director – Care at Christie & Co, who dealt with the sale, feedback:
“Primrose has labored tirelessly to create an excellent care house with an enviable repute, and l’m positive the brand new homeowners will proceed her exhausting work.
“The transactional care market in Wales was buoyant final 12 months, and we’re seeing this proceed in 2023, as purchaser urge for food stays excessive for a variety of belongings throughout the nation.”
Heathfields Residential Residence was offered for an undisclosed value.
Authorized recommendation was supplied by Greg Williams from Hugh James and Hazel Philips from RWK Goodman.
