Bath-headquartered law firm Royds Withy King has helped a regional care provider group acquire of an eighth care home despite the deal completing during the coronavirus lockdown.
The firm, a leading provider of legal services to the social care sector, acted for Swindon-based Coate Water Care in the transaction to buy the home in Devizes.
Renamed as Avebury House, it will shortly open to provide a range of nursing and dementia care for up to 47 residents.
Family-run Coate Water Care already operates seven care homes – three in Swindon, two in Gloucestershire and one each in Warwickshire and Worcestershire – providing specialist residential care including nursing, dementia, respite and day care, and convalescent services to more than 300 people residents.
Coate Water Care director Geraldine Smith, who co-founded the business in 1995, said: “We are delighted to have secured this new property to re-open a much-needed care home in Devizes.
“It was not without its challenges during this difficult period, but our team has been brilliant in refurbishing the home in a matter of weeks.
“We could not have done this without the expert support and advice of Royds Withy King, who guided us through the legal process from start to finish. It has been a real team effort and I am so pleased we have managed to pull it off.”
Royds Withy King partner and head of real estate Paul Daniels, pictured, added: “We are really pleased to have supported Geraldine and the Coate Water Care team through this transaction to enable them to acquire this exciting opportunity.
“The home is in a lovely setting next to the Kennet & Avon canal and, with the level of care provided by Coate Water Care, I am confident it will be very attractive to its new residents and their families.”
Specialist property agents Christie & Co advised the seller and funding for the purchase was provided by NatWest Bank.
Royds Withy King provides a comprehensive range of legal services from corporate and commercial to family and private client from its offices network, which stretches along the M4 from Bristol to London.