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Three care homes in Devon and Somerset

Sector: Hospital • Location: England, United Kingdom

Source: Financial Conduct Authority (FCA)

AssetPrivate

Acquisition of three care homes comprising 184 beds in Devon and Somerset, UK, including a 61-bedroom specialist dementia nursing home built in 2011 and two nursing/residential homes. Properties have CQC ratings from Good to Outstanding and EPC ratings B and C. Leased to Welford Healthcare on 30-year inflation-linked leases. Acquisition value £25.0 million plus transaction costs.

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The project “Three care homes in Devon and Somerset” is an infrastructure initiative in the Hospital sector, located in England, United Kingdom. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

Description

Acquisition of three care homes comprising 184 beds in Devon and Somerset, UK, including a 61-bedroom specialist dementia nursing home built in 2011 and two nursing/residential homes. Properties have CQC ratings from Good to Outstanding and EPC ratings B and C. Leased to Welford Healthcare on 30-year inflation-linked leases. Acquisition value £25.0 million plus transaction costs.

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