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11 December 2020 | Care Mortgages

Whitelodge Care Home in Bristol changes hands for the first time in 30 years

Specialist commercial finance broker, Christie Finance, has successfully secured funding for the purchase of Whitelodge Care Home Fishponds, Bristol. The home was sold by our colleagues at Christie & Co.

Whitelodge-Care-Home,-pictured-Left-to-right-Rad-Fiona-Seehootoorah-Maria-Mark-Hewlett.jpg

Mr Rad and Mrs Fiona Seehootoorah, and Mrs Maria and Mr Mark Hewlett

Established over 30 years ago, Whitelodge Care Home is a profitable residential care home registered for 21 service users, and comprises 21 bedrooms, 18 of which have en suite facilities.

Gary Boyce, Director at Christie Finance, helped to secure funding on behalf of new owners Mr Rad and Mrs Fiona Seehootoorah. He comments, “We were delighted to have worked with Rad and Fiona in purchasing Whitelodge Care Home. Despite what is currently a turbulent funding market, we were able to focus on their excellent skill sets, experience and extensive business plans to secure the necessary bank support. We wish them the very best in taking Whitelodge forward and have full confidence in them providing a safe environment and high-quality service for their residents.”

To find out more information about this deal, please click here