Specialist business property business adviser, Christie & Co, has announced the sale of Annabel House Nursing Home in Weston-super-Mare, Somerset.

Home founder, Dr Martin Wyatt, who has been operating the facility for almost 40 years, recently decided to sell the property in order to retire from the sector.

The home has been purchased by Rakhi and Pritesh Ruparelia who own Ellenborough Residential and Nursing Home, also in Weston-super-Mare, which they purchased in early 2020.

Dr Martin Wyatt, former owner of Annabel House, said: “I would like to wish the new owners every success and happiness.”

Rakhi and Pritesh Ruparelia said: “We are delighted to have acquired Annabel House, a business offering the highest standards of care. We look forward to continuing to make a difference in so many people’s lives and growing the business further.”

Simon Harvey, senior director – care at Christie & Co, who handled the sale, said: “Having acted for Martin in his previous disposal, we were delighted to, once again, be favoured with this instruction and, after the targeted marketing campaign which generated significant interest and numerous offers, a sale was agreed. As with many, relatively new, entrants to the market, Rakhi and Pritesh have developed an excellent understanding of it and the opportunities that exist and, as a result, have decided to grow with the acquisition of Annabel House. 

“We are pleased to report that, whilst activity across the whole market remains strong, appetite for well-run homes in convenient locations with good reputations, such as Annabel House, remains positive. We wish Martin, Rakhi and Pritesh well with their future plans.”

Annabel House Nursing Home was sold for an undisclosed price.