Wed, 09 Jul 2025 | COMMERCIAL PROPERTY
A former care home in Nottingham is set to reopen following its acquisition by a national social care services group. The site of the former Churchfield Care Centre comprises a purpose-built 1990s care home along with a converted property.
The 1.27-acre site, which is located in a largely residential area of the village of Rainworth, provides 56 beds, including 22 rooms with en-suite facilities.
The site has now been acquired by Cygnet Health Care for an undisclosed price in a sale brokered by specialist business property adviser Christie & Co. Cygnet Health Care says that it plans to reopen the site as a complex mental health facility within the next 12 months.
Headquartered in Sevenoaks, Kent, Cygnet Health Care is an independent provider of social care services for adults and young people with additional needs.
The sale process for the former Churchfield Care Centre was led by Christie & Co Business Agent - Care Same Fazackerley. According to Fazackerley: "The opportunity produced a lot of interest and subsequently multiple offers from specialist care operators who were looking to redevelop the site.”
He continued: "I look forward to the site being reopened to provide much-needed housing, care, and support for people recovering from complex mental health needs.”
Appetite for health care facilities such as care homes has been growing over recent years, with Fazackerley saying: "We continue to receive high levels of interest for closed care homes across the country from a variety of care operators who want to either reopen the sites or redevelop into supported living, children's homes, or specialist care services."
Discover what's driving growing M&A appetite for care homes, dental surgeries, GP clinics and pharmacies in this exclusive in-depth insight
This group of care homes in the East Midlands boasts high profitability and operational efficiency, supported by award-winning management.
Prime opportunity to acquire a prestigious cosmetic surgery and aesthetics clinic in Staffordshire, renowned for its exceptional reputation and loyal clientele.
LEASEHOLD
This well-established domiciliary care business in Greater London offers an excellent opportunity with its strong partnerships with the NHS and local authorities.
|
04
|
|
Dec
|
Wrexham city centre hotel and restaurant on the market for £1.35m | COMMERCIAL PROPERTY
A popular hotel and restaurant in Wrexham city centre has be...
|
04
|
|
Dec
|
Celnor adds rural land and property consultancy in latest acquisition | BUSINESS SALE
Acquisitive testing, inspection, certification and complianc...
|
04
|
|
Dec
|
Patient transport firm acquired in pre-pack deal | BUSINESS SALE
A patient transport company based in Nottingham has been acq...
|
04
|
|
Dec
|
Patient transport firm acquired in pre-pack deal | BUSINESS SALE
A patient transport company based in Nottingham has been acq...
|
04
|
|
Dec
|
Celnor adds rural land and property consultancy in latest acquisition | BUSINESS SALE
Acquisitive testing, inspection, certification and complianc...
|
04
|
|
Dec
|
Wrexham city centre hotel and restaurant on the market for £1.35m | COMMERCIAL PROPERTY
A popular hotel and restaurant in Wrexham city centre has be...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.