Wed, 10 Apr 2013 | DIVISION SALE
Eight care homes are to be shut down or sold off in Leicester, the city council has announced.
The decision was made after falling numbers of residents and a move towards demand for home-based care pushed the council to consider alternatives.
The sites affected provide care for over 160 elderly residents, although they could house 282 at full capacity. The homes are to be shut or sold off over the next three years. Three homes – Elizabeth House in New Parks, Herrick Lodge in Leicester and Nuffield House in Westcotes - will be closed this year.
A further two - Abbey House in Leicester and Cooper House in Eyres Monsell - are to be sold in 2013/14. If this move is considered a success then another pair of homes – Arbor House in Evington and Thurn Court in Thurnby Lodge - will be sold in 2015/16, while Preston Lodge could be closed - it has yet to be decided.
Some of the homes have seen a decline in the number of elderly living in them and are more costly to operate than sites run by independent care home operators.
Councillor Rita Patel said that 350 care organisations had shown “limited interest” when approached to garner their interest.
____________________________________________________________________________
Related articles:
Care home Castlebeck in administration after abuse scandal
Four Seasons Heath Care homes sold
Opportunity to purchase a reputable law firm in Scotland, offering a strong client base and extensive expertise in various legal services.
A prestigious law firm with an expert team, offering unparalleled opportunities in mergers and acquisitions, banking, and financial law.
A thriving CCTV and business technology provider in the North West is experiencing a surge in demand for its specialised services.
01
|
May
|
McCann and Partners undergoes an MBO | MBO/MBI
A team of five directors at South Wales engineering and buil...
30
|
Apr
|
Human Magic conjures up Australian acquisition | BUSINESS SALE
Liverpool-based employer brand agency, which is behind creat...
30
|
Apr
|
LRG makes its biggest acquisition ever with Chancellors move | BUSINESS SALE
Property services firm Leaders Romans Group (LRG) has made i...
01
|
May
|
McCann and Partners undergoes an MBO | MBO/MBI
A team of five directors at South Wales engineering and buil...
30
|
Apr
|
Westcotts buys agricultural specialists Douglas Green | BUSINESS SALE
South West chartered accountants and business advisers Westc...
30
|
Apr
|
LRG makes its biggest acquisition ever with Chancellors move | BUSINESS SALE
Property services firm Leaders Romans Group (LRG) has made i...
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.