Two Swansea care homes have been sold to independent care home operator ‘My Choice Healthcare’.
The sale increases the operators South Wales care home portfolio to five.
Specialist business property adviser, Christie & Co, announced the sale of Hawthorn Court Residential Home and Ocean Living.
Hawthorn Court Residential Home in Sketty was established in 1991 and provides care for up to 24 adults, aged 65 or older, living with dementia and mental illness.
Having recently undergone a major refurbishment programme, the large Victorian property set over three floors with a modern extension, has 20 single and two twin bedrooms, all with en suite facilities.
Ocean Living, on the seafront in Mumbles, has 14 suites for elderly residents.
The homes have been owned by Mr Alan and Mrs Gloria Thorburn since they were founded over 30 years ago. The sale to My Choice Healthcare will allow the pair to pursue retirement.
Alan and Gloria Thornburn said: “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, said: “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.
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