Jones Lang LaSalle is delighted to announce the highly confidential disposal of Pencombe Hall Care Home in Pencombe, Herefordshire.
Pencombe Hall is an elegant Victorian country house located in a breathtaking, tranquil setting on the edge of the village of Pencombe in
Herefordshire. The property enjoys outstanding views overlooking the Malvern Hills and has private grounds amounting to some 5 acres.
Our client purchased the home in 1986 and has operated the business to a very high standard which enjoys an excellent reputation in the county.
Planning permission has been granted to construct a stand-alone 40 bed care home with nursing, specialising in dementia care and there
is also a large staff cottage in the grounds.
The home has been purchased by an existing operator who owns care homes in surrounding counties and who will expand the business by
the construction of the new home.
Paul Burford, Associate Director of Healthcare at Jones Lang LaSalle’s Birmingham Office, who handled the sale, commented “When our client asked us to conduct a confidential marketing campaign, we discreetly contacted a small number of potential purchasers whom we knew had the ability to raise finance in the current climate and within a short period of time, a deal was agreed. Our client was then able to exchange contracts without residents or staff being aware of the sale, enabling him to maintain confidentiality throughout the process.”
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