Pair of Swansea care homes sold to My Choice Healthcare
Specialist business property adviser, Christie & Co, has announced the sale of two Swansea care homes, Hawthorn Court Residential Home and Ocean Living.
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Established in 1991, Hawthorn Court is a well-regarded care home with an enviable reputation for delivering excellent quality care for up to 24 older adults (65 years and older) living with dementia and mental illness. The business sits in a large Victorian property with a modern extension set over three floors and comprises 20 single and two twin bedrooms, all with en suite facilities. Over recent years, the home has undergone a major refurbishment programme. Hawthorn Court is located in an affluent and desirable suburb of Swansea, close to residential housing and local amenities, and enjoys an elevated position with westerly views overlooking Swansea Bay.
Ocean Living is a small residential care home for the elderly with 14 elegant suites. It has been developed and designed specifically for luxury senior care living, with generous room sizes, opulent interior design, and magnificent en suites. The home is ideally located on the sea front of Mumbles, overlooking Swansea Bay.
The homes have been owned by Mr Alan and Mrs Gloria Thorburn since they were founded over 30 years ago and were recently brought to market to allow the pair to pursue retirement.
Following a confidential sales process through Christie & Co, the homes have been purchased by My Choice Healthcare, which now has a portfolio of five homes in South Wales.
Alan and Gloria Thornburn comment, “After owning Hawthorn Court and Ocean Living for over 30 years, we’re really pleased to be handing our portfolio over to My Choice Healthcare who share our ethos and drive for delivering high-quality care in South Wales.”
MD of My Choice Healthcare, Bethan Evans, comments, “We are delighted to have worked with Christie & Co to acquire both of these homes. We are committed to delivering the highest quality of care and support that we can for our residents, and we very much look forward to working with the teams at both Hawthorn Court and Ocean Living in the coming months and years, continuing the great work that Mr and Mrs Thorburn have led over many years.”
Oliver McCarthy, Associate Director at Christie & Co, who handled the sale, comments, “This pair of brilliant Swansea care homes, and the interest garnered in this sales process, represents the strong appetite for quality care businesses that we’re seeing in the market at the moment, and expect to see for the remainder of the year. Alan and Gloria have established a great business over the last 30 years, and I’m very pleased to have been able to assist them on their road to retirement.”
Ocean Living and Hawthorn Court Residential Home were sold for an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Oliver McCarthy, Associate Director
P: 07702 809 198 or E: oliver.mccarthy@christie.com
Visit Christie & Co’s Business Search page to find out more about current care listings.