Care home snapped up in multi-million-pound deal

Listed investment firm Target Healthcare has acquired two cares homes for £13.9m.

The group has acquired the freehold of Cantley Grange in Doncaster. The 40-bed home, which opened in 2007 and is run by Orchard Care Homes, is let on a 35-year full repairing and insuring lease, with 24 years left to run.

Orchard is an established care operator with homes across the UK and is an existing tenant of the Target Healthcare Group across five of its assets.

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