Press Releases
Hartlepool nursing home is sold to a first time buyer from London
The Newcastle Office of leading business agents, Christie + Co, has successfully sold Ascot House Nursing Home, close to Hartlepool town centre, to a first time buyer from London. Christie Finance arranged the funding for the purchaser.
The home is situated at the top of Hutton Avenue and comprises a traditionally constructed three-storey building, with a two-storey extension. Registered for 29, there are a total of 25 rooms; 21 single and four double, two inter-connected lounges, a dining room and a walled garden to the rear. The home has a good reputation locally and as a result, achieves high occupancy levels.
Doug Forbes, from Christie + Co’s Newcastle Office, who handled the sale, commented; “The business was sold on behalf of Ilumina Care, a care group based in the North East, who had owned the home for some time. The purchaser is Mr Ariyanayagam Uruthiraneson, who has been looking for a high quality home and had a few disappointments before securing Ascot House. I was delighted to have sold this business for Ilumina Care, who Christie + Co has a good relationship with, and I am also very pleased to have been able to help Mr Uruthiraneson with his first care business.”
Offers in excess of £1,000,000 were sought for the freehold interest of Ascot House Nursing Home and it was sold for an undisclosed sum.
For further information please contact Doug Forbes in the Newcastle office on Tel: 0191 222 1740.
Our Ref: New707
