Care home operator Rosewood Healthcare Group has acquired the former Cottage Nursing Home in Mold, North Wales.

Initially constructed as a school, the Cottage Nursing Home traded for more than 30 years, offering care to up to 52 elderly clients in 49 bedrooms over ground and first floor levels, with the majority of bedrooms being en suite. The period property was extended on numerous occasions, the most recent including a wing of 24 bedrooms which was completed three years ago.

In September last year, the home’s operating company fell into administration and the business closed for trading in February. The administrators, FRP Advisory, appointed business property advisor Christie & Co to market the 0.86-acre property on a vacant possession basis with a full trade inventory.

George Khanijau and Sandeep Gupta of Rosewood Healthcare Group commented: “There is a distinct lack of provision in the immediate area and we have exciting plans to reconfigure and refurbish the accommodation and reopen the home to provide much needed care for the elderly in the community of Mold and surrounding areas.”

Rosewood Healthcare Group comprises six homes across Greater Manchester, Cheshire and North Wales.

James Knight of Christie & Co said: “We witnessed strong interest from care operators as well developers and other alternate users. The market for care homes, whether open or closed, is still very competitive, with significantly more buyers than sellers, even while challenges in the sector are still prominent.”

The former Cottage Nursing Home was sold off an undisclosed sum.