Pembrokeshire residential home changes hands

Lina Chirandura has purchased The Graylyns Residential Home near Haverfordwest, Pembrokeshire, which is registered to provide residential dementia and respite care to up to 15 residents.
The home has been owned and operated by husband and wife, Graham and Lynne Jones, and their son, Andrew. The couple opened the home in 1998 and decided to sell as part of their retirement planning.
Chirandura owns another care home and is planning to expand her portfolio in Wales.
Lynne Jones said: “Graham and I have spent 26 wonderful years with our outstanding and exceptional care teams getting to know every person who has graced us with their time, memories, experiences and love. I say with pride we achieved the goal we set ourselves, we made a loving, caring and empathic home-from-home.
“For the last several months we have worked tirelessly to find the right people to take The Graylyns into its next exciting chapter and we strongly believe we have achieved this. We honestly believe that this new ownership will bring in a new vein of positivity, whilst still adhering to the home’s promise of 26 years ago. Nothing will change to the daily running of the home. Andrew will remain as manager, and all of our amazing and compassionate care team will remain in post. More importantly, our residents and their families will still have their ‘forever home’.
Business property advisor Christie & Co facilitated the sale. funding was sourced through Christie Finance.
Oliver McCarthy, director, care at Christie & Co, said: “Buyer appetite for trading care homes has never been stronger in South Wales, we expect to see this continue throughout the year.”
Gary Boyce, director at Christie Finance, added: “Limited appetite to support the purchase was shown by mainstream banks due to this being [Chirandura’s] first purchase and because the bedroom numbers at The Graylyns did not meet lending criteria. However, through our network of lenders and with knowledge of what exists beyond the high street, we successfully secured funding on competitive terms, with a bank keen to support her exciting plans for the business.”
The Graylyns Residential Home was sold for an undisclosed price.