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Penarth residential care home sold for the first time since 1987

Parkside House Care Home in Penarth, Wales, has been sold following a confidential process managed by specialist business property adviser Christie & Co.

Established in 1987, Parkside House is a reputable, care home offering residential, dementia, and independent care for up to 35 residents. The business occupies a striking Victorian property located in a conservation area set above Penarth Esplanade.

After the founding owners decided to sell in order to retire, Christie & Co managed the sale of Parkside House to Serenity Healthcare Ltd. This is the third home that the Serenity group has bought through Christie & Co, and its first residential dementia home. Parkside House Care Home was sold to Serenity for an undisclosed price.

Oliver McCarthy, associate director of care at Christie & Co, said: “I am really pleased to have sold Parkside House to Serenity Healthcare Ltd – this is a great home that compliments their expanding portfolio in South Wales.

“The transactional care market in the Southwest and Wales was buoyant last year, and we’re seeing this continue in 2023, as buyer appetite remains high for a range of assets across the region.”

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Upcoming Events

UK Care Week

NEC, Birmingham
22 March 2023 - 23 March 2023

Future of Care Leaders Conference

The King’s Fund, London
Tuesday 28th March 2023

Care Roadshows - Glasgow

Hampden Park Stadium, Glasgow
18th April 2023

The Residential & Home Care Show, part of Health Plus Care

ExCel, London
26 April 2023 - 27 April 2023

Health and Social Care Workforce: Wellbeing, Integration and Sustainability

Kings Place, 90 York Way, London, N1 9AG
18th May 2023

Care Roadshows - Birmingham

Villa Park Stadium, Birmingham
23rd May 2023

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