Saroj Jakhu, who owns Pen-y-Bont Care Home in South Wales and three others in the Midlands has purchased Bridge House Care Home, a residential and dementia care home registered for 36 residents in Ebbw Vale in Gwent, South Wales.

The home occupies a three-storey purpose-built property with two separate wings and comprises 34 single rooms and one twin room.

The home has been owned by Nanji Parbat for several years who is selling to return overseas and spend more time with family.

Jakhu said: “I am really pleased to have expanded my Welsh portfolio with the acquisition of Bridge House. I look forward to building on Nanji’s success, and further improving the quality and level of care at the home.”

Business property advisor Christie & Co facilitated the sale. Oliver McCarthy, associate director, healthcare, at Christie & Co, said: “Due to the difference in regulation between CIW and CQC, there is a generally little cross over between residential care operators in Wales and those in England and Scotland. Coupled with a lack of supply of new purpose-built homes, there is generally less competition in the Welsh market, so occupancy levels remain strong. In the short-term, this benefits local providers who aren’t competing for residents but, in the long-term, bed supply may become an issue, which leaves an interesting opportunity for buyers considering registering with CIW and crossing the bridge.”

Bridge House Care Home was sold for an undisclosed price.