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08 April 2021

Four individuals purchase an established care home group with the support of Christie Finance

Commercial finance specialist, Christie Finance is delighted to have assisted a group of four extremely skilled individuals to purchase Wellfield and Henley House Limited, a group of two established care homes caring for the elderly in Accrington, Lancashire.

Both Wellfield and Henley House sit in well-maintained gardens and are CQC-rated ‘Good’. The care homes have established an enviable reputation for caring for the elderly. Wellfield holds a capacity for 29 residents whilst Henley House can accommodate 23 residents.

All four members of the acquiring group share a passion in providing first class care to the elderly. Two members specialise as doctors, working in psychiatry. The first has worked in Old Age Psychiatry within the NHS Trust, whilst the other has worked in Adult Psychiatry at Princess of Wales Hospital in Bridgend.

The third member currently works as Medical Director and Lead ASD for a Learning Disability Service in the Midlands. The final member holds care sector experience having worked at various care homes and will focus on the management of their new venture.

The new owners of Wellfield and Henley House Limited will acquire two exceptional care homes with potential to expand. Their ultimate aim is to become an outstanding, quality led operator with further plans to operate additional care homes in the future.

Speaking about their experience with Christie Finance, the group commented, “On behalf of our team, we would like to say a big thank you to Alena at Christie Finance who has been great. Alena had great patience and professionalism in helping us to secure the finance we needed. Alena’s support remained consistent throughout and we were given nothing short of a five-star service! We hope that we will come back again to use your services for more business.”

Senior Finance Consultant, Alena Ray arranged funding and comments “The care home sector is riddled with red tape and it can be extremely daunting for first-time buyers to access the right funding deal. We managed to secure finance during COVID-19, even when most lenders pulled away from the sector, and were able to deliver a flexible funding solution for our clients. It has been a pleasure working with our clients as we have been able to assist with an excellent acquisition. I wish them the very best in the future.”
 

 
For more information, please contact:
Charlie Kerrison Stock, Junior Marketing Executive – Christie Finance
T: 0207 227 0790 / M: 07791 979 480 or E: Charlie.KerrisonStock@christie.com

Contact the agent:
Alena Jawadwalla, Senior Finance Consultant – Christie Finance
T: 0161 833 6900 / M: 07590 486 356 or E: alena.jawadwalla@christiefinance.com