St. Mary’s nursing home Sold to NGB Property Group

Redwoods Dowling Kerr has announced the sale of St. Mary’s Nursing Home in Rugby to established operator NGB Property Group.

Registered for 56 residents, St. Mary’s Nursing Home is set within 10 acres of landscaped grounds and boasts a CQC ‘Good’ rating.

The site also offers future development potential, with two additional outbuildings that could be converted for specialist care use, subject to the necessary consents.

With the previous owner looking to sell due to retirement, Redwoods Dowling Kerr’s Asif Musa, deputy sales manager for Healthcare, identified the ideal buyer in NGB Property Group.

Asif Musa said: “The sale of this purpose-built nursing home demonstrates that the appetite for nursing homes remains high in the West Midlands. We managed to get an excellent result for our client. I would like to wish my client all the best with his semi-retirement.”

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