5/31/2021 | Care Mortgages

First-time buyers acquire South Wales care home with the help of Christie Finance

Established care providers, Mr Shah and Mrs Nicky Seehootoorah, have embarked on the journey of owning their own care home, White Rose Care Centre in South Wales, with the help of funding secured by commercial finance specialist, Christie Finance.

The couple have extensive experience in the care sector, and also own successful domiciliary care business, Carepride Ltd, in Bristol. Their first care home acquisition, White Rose Care Centre, is registered to care for adults over 65 with dementia and learning difficulties, and is located in New Tredegar, approximately 20 miles north of Cardiff city centre. Mr and Mrs Seehootoorah plan to obtain permission to build additional bedrooms in the home in the near future.   

Mr and Mrs Seehootoorah comment, “We are absolutely delighted to complete on the purchase of White Rose Care Centre and cannot wait to get to grips with making positive changes to the home. Working closely with the existing manager and staff, we are committed to continuing to provide the high-quality care and services that our residents and their families come to expect.”

Director at Christie Finance, Gary Boyce, comments “We were delighted to have worked with Shah and Nicky in achieving their ambition to acquire and run their own care home. Coming from a family with significant care home experience, they were determined to operate their own successful care facility, which they are now able to do at White Rose Care Centre. The home presents an exciting opportunity, and we have full confidence in seeing them reach and exceed their expectations for the new business. In a challenging lending environment, we were able to secure the necessary funding to meet their needs and we look forward to assisting them on future ventures.”

 For further information on this deal, please contact:

Anna Moore, Marketing Manager
M: 07590 486 352 or E: anna.moore@christie.com

Gary Boyce, Director
T: 07974 800 752 or E: gary.boyce@christiefinance.com