iCare International sold to an existing operator
An unnamed existing operator has purchased Stockport, Greater Manchester-based care group iCare International.
Established in 2001, iCare comprises two care homes: Marple Lodge in the town of Marple, and Grove Lodge in Hazel Grove village.
Registered for 39 residents in total, the settings provide group residential care for individuals over the age of 45 with dementia, sensory impairments and mental health issues.
The vendor sold the business in order to retire
Property company Redwoods Dowling Kerr facilitated the sale.
Redwoods Dowling Kerr senior sales negotiator Asif Musa said: “The sale of this residential care home demonstrates that the appetite for residential care home remains high in England.”