Specialist business property adviser Christie & Co has announced the sale of The Firs Nursing Home in Taunton, Somerset.
The Firs, located close to Taunton’s town centre, occupies a substantial detached and extended property that provides accommodation for up to 40 elderly residents.
The home has been owned by Somendra Khosla of Care West Country Ltd since the early 1990s. Following the recent sales of Somendra’s two South Wales homes – Llanyravon Court Nursing Home in Cwmbran and Crick Care Home in Monmouthshire –the sale of The Firs means he is able to retire from the sector.
The home has been purchased by Arif Pradhan of Halcyon Care Group, an operator with homes across the UK. The group has acquired The Firs as part of its expansion plans in the South West.
Simon Harvey, senior director – healthcare at Christie & Co, said: “I am delighted to have acted on the sale of another care home in the South West that continues to demonstrate the strength of appetite that we’re seeing for quality opportunities in the region. The Firs attracted a great amount of interest, with multiple bids received from a wide range of potential purchasers.
“We wish Arif Pradhan and Halcyon Care Group well with this acquisition. We are also delighted to have, once again, been successful on behalf of the Directors of Care West Country Ltd in completing the sale of The Firs, having previously acted on their behalf to sell their Welsh properties.”