Walton Healthcare Property Consultants are delighted to announce the recent sale of Auchinbee CDN, situated in Cumbernauld, Scotland, on behalf of the Greene family
Specialist property advisors Walton Healthcare Property Consultants Ltd have expanded with the appointment of Craig Maxwell as Director. The appointment is in response to a growing demand from clients in the services they provide.
The group comprises three care homes located in Lanarkshire, Ayrshire and Highlands with a total of 135 registered beds providing a mixture of residential and nursing care.
Walton HPC undertook the due diligence and provided formal valuation advice to both the purchaser, MD Greens and their funder RBS, in connection with their purchase of the Penman pharmacy group.
Within the UK, there appears to be a handful of regional and corporate operators who have either financed or have sourced new private funds and are currently looking to expand.
The economic downturn has had a negative effect on many business sectors however pharmacy businesses are still attracting a lot of interest from purchasers and investors a like.
Walton HPC is delighted to announce the acquisition on behalf Target Healthcare REIT Limited of Mossvale Care Centre for approximately £4.3 million including acquisition costs.
