Care home in administration up for sale
Business property advisor Christie & Co has been instructed to sell the former Llanyravon Court Nursing Home in Cwmbran, South Wales.
Llanyravon Court Nursing Home closed for trading last November and, and at the end of January, Chris Stevens and Steve Baluchi of FRP Advisory Trading were appointed joint liquidators of Llanyrafon Court Limited.
Christie & Co has been appointed by FRP Advisory to sell the freehold interest of the property on a closed basis with vacant possession.
The home was built in the late 1980s, with an additional extension added in 2008. Historically, it traded as a three-storey nursing home with 50 bedrooms, 41 with en suite WC and hand wash basin facilities. The property also has an enclosed, level garden to the rear.
The property will need to be re-registered with the CIW to trade as a care home again.
Oliver McCarthy, associate director, care at Christie & Co, said2: “We’re seeking unconditional offers for this large Cwmbran care home which would suit elderly care providers, specialist care providers, and also developers, subject to the necessary consents.”
Llanyravon Court Nursing Home is on the market with an asking price of £750,000 for the freehold interest, including fixtures, fittings, and goodwill.