GVA Grimley's Manchester healthcare team has completed the disposal of Barley Brook in Wigan, a 20-bed residential care home for dementia sufferers, for owner Century Healthcare to purchaser Rosewood Health Care for an undisclosed sum.
GVA said the home generated a significant level of interest and the health care market remains strong despite the wider market gloom.
Samantha Cooper, principal surveyor at GVA Grimley, said: "It was refreshing to work alongside an operator such as Century Healthcare which had such a detailed exit strategy for the home. This meant that historic and current trading information was readily available and ensured that all parties were fully prepared for the disposal process. It also meant that GVA Grimley could present a robust and accurate picture of the home's performance in the sales information. The availability of this sort of information went a long way in ensuring that the best possible price was achieved for the client."