Somerset based health care providers Aurora Care which own and operates the award- winning Hurst Manor Nursing & Residential Home at Martock and purpose-built Hendford Care Home with Nursing in Yeovil has acquired a third business for its fast growing portfolio in Somerset.
Michael Lawson and Sue Aldworth joint owners of Aurora Care have completed on the acquisition of Elliscombe House, a 40 bed nursing home based in Wincanton which currently has a T/O of £1.25m. This now takes the group’s fee income to >£4m with over 100 beds and more than 200 staff.
Managing Director Aurora Care Limited, Michael Lawson says “Both Sue and I are delighted to have acquired Elliscombe House. This expansion is part of the mid - long term plans for Aurora Care and complements our existing portfolio of quality properties. We have taken on the existing 50 members of staff and look forward to working closely with Home Manager Jacqui Lloyd and her dedicated team. There are some great plans going forward and we are very excited about this new project.”
The character period property was built around the early 1900’s and the previous owner, Ronald Clarkson, acquired the property in 1988 from Mrs. Pickford who converted the house to a care home in 1985. Mr. Clarkson sympathetically extended the home in 1989 and 2005 by way of two purpose-built wings. He recently secured planning permission to create a single-storey bedroom extension to the nursing home for an additional eight bedrooms.
Set in an idyllic rural location within around seven acres of beautiful grounds and well maintained gardens boasting spectacular views of the surrounding countryside, it is also home to two resident and well-loved peacocks, Percy and David. Within the grounds is Elliscombe Park which was built in the late 1990’s and comprises a quality development of ten retirement properties all of which have been sold on a long 125-year lease and are part of the sale.
The sale of Elliscombe House was carried out by the Bristol Office agents Christie + Co. Specialist healthcare advisors dealing with all types of care homes, including a wide range of nursing, residential and specialist care homes both freehold and leasehold the company works from a number of offices across the UK and internationally.
Rob Kinsman, Director Christie & Co Bristol says “We acted on behalf of the previous owner, Ronald Clarkson who asked us to manage the sale and we are delighted to be part of Aurora Care’s expansion in the region. Elliscombe House generated a good deal of interest from acquisitive regional operators and our client elected to sell the business to Aurora Care given their excellent reputation in the area”.
No comments:
Post a Comment