Kings Norton Care Home under new ownership
Specialist business property advisor, Christie & Co have successfully negotiated the sale of The Green Nursing Home in Kings Norton, Birmingham.
The home was purpose built in the 1990's and is registered with the CQC to offer nursing care for 59 residents. The owners, Flintvale Limited, approached Paul Reilly, Director at Christie & Co to handle the sale so they could retire.
The home has been purchased by Munwar Sandhu and Karen Tian, who currently operate Ivy Bank Nursing Home, another successful home. Munwar and Karen intend to undertake a refurbishment and general upgrades in the home.
Commenting on the sale, Paul Reilly said, "The home was sold after a lengthy transaction, following numerous challenges with staff and management. The new owners are very experienced and relish the challenge of improving the reputation of the home going forward."
For further information on this press release, contact:
Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com