DC Care is pleased to announce the sale of a former 19 bed care home located in Dagenham Essex.
The home was sold for an undisclosed amount to Mr & Mrs Yadav who plan to refurbish the property completely, prior to re-opening as a care home.
Andy Sandel, DC Care’s southern based business appraiser, handled the sale on behalf of Moorfields Corporate Recovery and was pleased that a purchaser had been found that had the best intentions for the future of the home.
"Whilst Mr & Mrs Yadav are experienced business people, this is their first move into care, they are however surrounding themselves with knowledgeable advisers and I have no doubt will be successful in this venture." Mr Sandel commented.
Purchasing a closed home from an LPA Receiver was another first for Mr & Mrs Yadav and they were relieved that the sale had completed. "I would like to compliment Andy and his team at DC Care for their professionalism and hard work. With this purchase there seemed to be so many different parties involved and issues to sort out, but Andy pulled it all together and kept us well informed through all the ups and downs." said Mr Yadav.