Capital Care Homes purchases Swansea home

Christie & Co have managed the successful sale of Ael Y Bryn on behalf of Cherish Care Homes.

Cherish owns and operates five care homes in the region but Ael Y Bryn, an established care home for the elderly in Swansea no longer fitted in with the long term strategic plan for the group.

The property has the benefit of historic planning permission to extend the bedroom numbers to 40, a development opportunity that generated a large amount of interest in the market.

Capital Care Homes are the new owners with Jayesh Mehta, who already operates a care home in Cardiff, acquiring the business with funding from Lloyds Bank.

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