The business was previously owned by a local operator which entered administration in September 2019, at which point Mr Timothy Close of Milsted Langdon LLP was appointed as administrator.
The site is located in a residential area of the town of Gorseinon in Swansea. It is within walking distance of Gorseinon high street, which boasts a variety shops, restaurants, parks and a bus station, and benefits from good road links to Swansea city centre, the M4 motorway, and the Gower Peninsula.
The property has been well maintained throughout and consists of four converted terrace houses with a modern rear extension, courtyard gardens, and detached brick-built laundry. The business was previously registered for 29 service users and has 27 bedrooms (25 single and two twin rooms), five of which have en suite facilities.
The site has been sold to Achieve together, one of the UK’s leading providers of support for people with learning disabilities, autism and associated complex needs.
Oliver McCarthy, Senior Agent at Christie & Co, who handled the sale, comments, “We’re delighted to have completed on Meadow House, yet another successful lockdown deal! Shortly after bringing the site to market it garnered a good level of interest and we received a mix of offers from local and national specialist care providers as well as developers.
“Achieve together are a perfect buyer for this site, and plan to convert it into 10 two-bedroom supported living apartments which will be used to care for those with learning disabilities, autism and associated complex needs. I wish them the best of luck with their new acquisition.”
Meadow House was sold off an asking price of £270,000.