Neva Manor Care Home in Weston-super-Mare, North Somerset has been sold for the first time in 17 years.
Neva Manor is registered for up to 14 elderly residents. It occupies an extended 13-bedroom Victorian property that is within easy reach of Weston town centre and seafront.
The home has been owned by husband-and-wife team, Dan and Brinda, for the last 17 years, and was brought to market to allow them to have more free time.
Following a confidential sales process with Oliver McCarthy at Christie & Co, and with funding sourced through Gary Boyce at Christie Finance, Neva Manor has been purchased by new market entrant, Swapna Kundil.
Dan and Brinda, former owners of Neva Manor, said: “We have run this business for the last 17 years. It has been an exciting yet challenging journey, but we are pleased to say we have achieved our goals and look forward to our future. We wish the new owner success in this new venture.”
New owner Swapna Kundil commented: “I’m excited and looking forward to taking over Neva Manor and continuing the excellent care Brinda and Dan have provided. The home presents the ideal first purchase within the care sector for me and comes with very capable staff, who I will work closely with to provide the best possible care to our residents.”
Oliver McCarthy, associate director – care at Christie & Co, added: “I’m so pleased to have sold this great care home for Brinda and Dan who have worked tirelessly over the years to create a warm and friendly care home. I wish them all the best in their retirement.”