New owner to expand Taunton nursing home
Following a confidential sales process led by Christie & Co, the new owner of Hamilton Park Nursing Home in Taunton, Somerset, has announced plans to expand the site.
Hamilton Park is an established nursing home that occupies a detached period property which has been extended, modified, and improved over the years to provide accommodation for up to 34 residents across 32 bedrooms.
The home has been owned by Sentimental Care since 2009 and was brought to market to enable the group’s owners to scale down their operations in the sector.
Following a confidential sales process with Simon Harvey at Christie & Co, it has been sold to expanding care operator, Kenmore Group, which owns six homes across Somerset, Devon, Dorset, and Shropshire.
The new owners plan to utilise the adjacent, currently-unused property which they also purchased to create additional care home beds.
Kennedy Sabapathy, director at Kenmore Group, said: “Hamilton Park has a promising future with huge potential.
“The purchase of the next-door property brings new opportunities.
“This acquisition is a valuable addition to the growing Kenmore Group portfolio.”
Harvey added: “The marketing of Hamilton Park, which generated extensive interest, is yet further evidence of the strength that exists for care home opportunities across the South West, especially where growth potential exists, as was the case here.
“The market for care homes where they represent an opportunity for regional operators to expand their business, both through acquisition and extension, is very strong, and we continue to see this with other care homes that we are currently marketing and those that are under offer and have sales agreed on them.
“Although still only early in the year, all indications are that, following an exceptional year for care home transactions in 2024, we will see this maintained in 2025 and, indeed, very possibly surpassed.”
Hamilton Park was sold for an undisclosed price.