Nursing home with £2m price tag snapped up

Specialist business property adviser Christie & Co has announced the sale of St Johns Nursing Home in Droitwich, Worcestershire, to Spring View Care off an asking price of £2m.

St Johns sits in a two-storey former Victorian hospital which was converted into a care home in the early 1990s.

The business was previously owned by Shaw healthcare.

Speaking on behalf of the company, commercial and development director, Geraint Evans, said: “Thanks to Christie & Co for making the transition of ownership to Spring View Care as smooth as possible. We wish all the residents and employees the very best. The employees at St Johns will also be transitioning with the service, so the residents can be assured of a consistent level of care with familiar faces.”

St Johns has been purchased by Spring View Care, an experienced, expanding local operator with two other homes in its portfolio.

Kamal Khan of Springview said: “We are delighted to be taking ownership of St Johns. Paul Reilly at Christie & Co has been instrumental in finding a home that meets our criteria so well and in helping to make the transition so smooth in the current environment. We’re really looking forward to the challenge of making St Johns one of the top performing Nursing Homes in Worcestershire.”

Paul Reilly, director at Christie & Co, who handled the sale, added: “Following a period of marketing, we secured a sale to Spring View Care, a company well known to us and a provider of excellent care. This acquisition is part of Spring View’s expansion plans and brings their current portfolio to three homes. We wish them every success in the future.”

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