Specialist business property adviser, Christie & Co, has been instructed to sell Crick Care Home in the Monmouthshire village of Crick.
Crick Care Home is a managed nursing home registered with the CIW to provide care to up to 49 residents. The business occupies an impressive, attractive manor house building, with a purpose-built extension on a site of just under an acre. The property comprises 45 single rooms and two twin bedrooms, and boasts large rooms, a warm homely feel, and excellent garden facilities.
It is located in the small village of Crick in Caldicot, Monmouthshire, which is just a few miles from the established towns of Chepstow and Caldicot.
The home has been under the same ownership for over 30 years and is being brought to market due to retirement.
Oliver McCarthy, Associate Director – Care at Christie & Co, who is handling the sale, comments, “This is an exciting opportunity with upside potential for a local multiple or regional operator wanting to expand their portfolio in an affluent area.”
Analysis conducted by Christie & Co suggests a significant shortfall of bed spaces within 10 kilometres of the home, an under-supply which is forecast to increase over the next three years due to the demographics in the area sitting significantly above the Welsh average.
Crick Care Home is on the market with an asking price of £1,250,000.
