Christies and Co: property market news and sector briefing on Nursing in the Care sector

Increased Confidence in Property Market:

The latest property update from Christies & Co

The latest property update from Christies & Co

Christies & Co were the agents in the recent sale of a prestigious care home in weston Super Mare. Simon Harvey suggested that this represents a real shift in market confidence following the more recent economic doldrums.

After 30 years under the same ownership, Nashley House in Weston-super-Mare changed hands. Having owned the business since 1984, Clive Wilson and David Jones have sold the business to nurses Ingrid O’Brien and Cliodhna O’Sullivan, who have over 33 years of nursing experience between them having worked in the NHS in London.

Nashley House itself is a charming period property with purpose built extensions and is registered with CQC to provide care for up to 51 residents and is renowned in the area for its excellent quality of care and  committed  staffing team.

Ingrid  O’Brien  commented  ‘We are absolutely thrilled  to be the new owners of  Nashley House and  look forward  to maintaining  the excellent  level of  care that Clive and  David  have provided for so many years.’

Rob Kinsman, Regional Director of  Christie  + Co,  commented  ‘We are delighted  to  be  able to announce the successful sale of Nashley House to Ingrid and Sid. This transaction illustrates how the market has improved  over the  past  year  or so – as new  entrants in  the sector, Ingrid  and  Sid were  able to successfully complete on the deal with the support of Barclays Bank and we wish them all the very best in  their  new venture.’

Nursing Shortage: Christies’ latest Market Insight report asks whether the shortage is a crisis or is it an opportunity? Download it here: Market Insight Report – Nurse Staffing – Embargoed