Beautiful Cedar House Care Home in Sunderland sold
Specialist business property adviser, Christie & Co, has announced the sale of Cedar House Care Home in Sunderland.
Cedar House Care Home occupies a lovely converted Victorian building which has been sympathetically reconfigured to provide assisted living support for up to 31 residents. Its accommodation comprises 30 bedrooms spread over four floors.
The home is located on The Cedars in the Ashbrooke area of Sunderland and overlooks the beautiful Backhouse Park. It is approximately one mile away from Sunderland City Centre, which has an abundance of shopping and leisure facilities, and three miles away from the popular beach area of Seaburn.
Previously owned by Mr Andrew Kerr and family, the home was brought to market to enable them to expand their portfolio in other business areas.
It has been purchased by Mr Hardip Kang who also owns Primrose House in Hetton-le-Hole, County Durham, which he acquired through Christie & Co in 2017.
Julie Kitson, Director – Healthcare at Christie & Co, who handled the sale, comments, “I have known the Kerr family for many years, and to be able to secure a sale to another local buyer demonstrates that local knowledge of both the market and the buyers can enable a sale to be concluded in confidence. I am very pleased to have been able to assist the Kerr family in this sale and am sure Hardip will continue the good standard of care and maintain the excellent reputation the home has built up over many years.
“The care market is buoyant with both first-time buyers and regional operators looking to acquire similar homes.”
Cedar House Care Home was sold for an undisclosed price.
