Andover Nursing Home, a well-established care home situated in the heart of the Hampshire town of Andover has been purchased by Andover Care Ltd.
Andover Nursing Home is a modern, purpose built care home that has been regularly updated and refurbished to maintain quality, and is registered for 87 service users in 83 en-suite bedrooms.
In January 2017, the Care Quality Commission (CQC) rated the business as ‘outstanding’, and the widely regarded home has also received a National Gold Standards Framework Quality Hallmark Award. The property occupies a plot of circa one acre and benefits from an adjacent plot, which, subject to planning, has potential for a number of expansion opportunities.
Brothers John and Brian Puddepha decided it was time to retire having owned and run the home since 1992. John Puddepha comments, “We have worked very hard over the years to build and maintain a strong and well respected business and feel that the purchasers will continue our good work.”
A director of purchaser Andover Care Ltd comments, “It is with excitement and expectation that we look forward to taking over the running of this lovely business. When we first saw the property, we knew the opportunity would be a good purchase for us and we look forward to maintaining the high standards set by John and Brian.”
Charles Phillips, director at Christie & Co’s Winchester office handled the sale and comments, “Following a confidential marketing campaign, Andover Nursing Home garnered a high level of interest resulting in several competitive bids. We are delighted to have achieved a sale for our clients, who have owned the care home since 1992 and we wish them all the best in their retirement from this sector.
“The purchaser plans to build on the good reputation of the business and we are sure that with the support of the excellent staff, will deliver positive results.”
