Christie & Co has announced the sale of The Red House – a 25-bed care home in Yelverton, Devon.
The home has been sold on behalf of Paul Ewer of Crocus Care as part of his plans to retire from the sector. Following a confidential sales process with Simon Harvey at Christie & Co, it has been sold to first-time buyer, Ollie Page.
Simon Harvey, senior director – Care at Christie & Co, said: “Having been involved with Paul since selling him one of his first care homes in 2001, I was delighted to have been chosen to act on his behalf in the sale of The Red House and to have achieved a successful outcome. I’m equally pleased for Ollie as knowing how hard the first acquisition can be, it is always positive to see another new entrant acquiring a care home in Devon and I wish him well for the future.”
New owner Ollie Page commented: “As a first-time buyer entering the care sector, I'm honoured to be entrusted with continuing the excellent care that Red House is known for. My primary commitment is maintaining and building upon the quality of care that Red House has built its reputation on over the past 20 years under Paul's stewardship. With my background in the technology sector, my focus will be on using technology to free up and enable our staff to spend more quality time with residents, building meaningful relationships and providing genuinely personalised care. By upgrading the back office, we can ensure that human connection in the front of house remains at the heart of what we do at Red House.”
