‘Outstanding’ Crediton care home sold to first-time buyer

  • 3rd May 2024

Hillbrow House care home in Crediton, Devon, has been sold to new sector entrants, husband-and-wife team, Tintu Tojo and Nicy Sabastian.

Hillbrow House is an ‘Outstanding’-rated care home that occupies a well-maintained, attractive Grade II-listed property with 23 bedrooms and an enclosed rear garden and patio area.

It is located in a prominent position towards the outskirts of Crediton town centre.

The home has been owned by Barry and Denise Shears of Hillbrow Residential Care Home who, along with their daughter, Joanna Foulstone, operated it for over 20 years.

Barry and Denise were looking to sell to enable them to retire and, following a confidential sales process with Simon Harvey at Christie & Co, the home has been purchased Tojo and Sabastian.

Denise said of their decision to sell: “We bought the home in 2002 as a going concern.

“Hillbrow had already been in business as a care home for a number of years and, at that time, we were very involved in maintaining and improving its already good reputation in the community, implementing new legislation and best practice as time went on.

“Joanna’s entry into the business management of the company in 2014 was a very-positive step and enabled us to reduce our involvement.

“During the COVID period, Joanna and the staff did a first-class job of keeping our residents protected and Joanna’s husband, Lewis, also joined our team during that time and gave a great amount of practical help and support on the maintenance side.

“So, to sum up, Hillbrow has been a family business with an ethos of serving the community and we wish Tintu and Nicy every success in their new venture.”

Harvey added: “The market in the South West remains particularly active, with a significant number of other transactions currently ongoing and demand for care homes across the region being very strong, in particular where homes have a ‘Good’ or, in this case, ‘Outstanding’ CQC rating, are trading profitably, and have an experienced Manager in post.”

Hillbrow House was sold for an undisclosed price.


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