Buyacarehome members DC Care, Chandler & Co, DMH Stallard and Adams & Remers complete on the sale of Gosberton House
Buyacarehome members DC Care, Chandler & Co, DMH Stallard and Adams & Remers complete on the sale of Gosberton House, a historic family-run care home located in the idyllic Lincolnshire village of Gosberton near Spalding.
Gosberton House resides within extensive, attractive grounds and was constructed in 1805, as a private residence for the Welby-Everard family. The Georgian property was later purchased in 1956 by Lincolnshire County Council for use as a school. Gosberton House was then acquired by Mr and Mrs Lee in 1989 and following refurbishment work was converted into a care home, with further extensions added in 1999.
The care home is registered for 46 service users to provide nursing and personal care for adults under and over 65 years of age. Mr and Mrs Lee approached DC Care to market Gosberton House discreetly and the home was acquired by Mr Kam Dhaliwal of GSD Care, an existing operator with two additional homes in the area. The home was sold for an undisclosed sum.
Andy Sandel, the Southern Region Director at DC Care appraised the business and oversaw the sale with assistance throughout the sale process from Negotiators Clare Duffey and Michelle Natkus. Mr Sandel commented “I am delighted for Gordon and Violet and would like to wish them all the best in their retirement. When I first visited Gosberton House I was extremely impressed by the setting, the property and grounds, and the high standard of care being provided. Having encountered various setbacks along the way, not least the Covid-19 pandemic, we were delighted to complete the deal and see the business purchased by an experienced and ethical local provider in Mr Dhaliwal.
Confidentiality and discretion were a high priority for Mr & Mrs Lee when they decided to sell the business, but we are pleased to say that with our sector knowledge and experience we were able to find the ideal buyer without the need to openly market the business. We would like to congratulate Kam on securing the latest addition to his group and wish him continued success.”
Mark at Chandler & Co commented; we have worked with DC Care and our client Mr Kam Dhaliwal for a number of years and were able to source this off market opportunity prior to it being released to any other party. Our client is an experienced local operator who was very keen to secure the target as soon as possible. Given the current situation the deal had it’s challenges however due to the all parties working together we were able to conclude the deal to the satisfaction of all parties. It highlights the benefit of contacts within the sector and not just on securing targets but also lending contacts. We look forward to working with our client and DC Care again in the future.