Geographically, the portfolio comprises: eight homes in the South East, four homes in the South West, 11 homes in London, nine homes in the East of England, 15 homes in the East Midlands, six homes in the West Midlands, 12 homes in Yorkshire, 16 homes in the North East, 14 homes in the North West, 14 homes in Scotland, and two homes in the Channel Islands.
The majority of homes each have over 40 bedrooms, 80 per cent of which are en-suite. A number are also purpose-built or have purpose-built extensions, with almost half offering scope for expansion, subject to planning. All are orientated towards the local authority/CCG funded market.
These homes comprise Four Seasons Health Care Group’s remaining freehold property portfolio and associated care home business, and as such the launch of this sale process represents a key milestone in the Group’s ongoing restructuring process.
The sale is being handled by Christie & Co.