Care Principles buys specialist care centre
FPDSavills has sold Red House School in Buxton, Norfolk to Care Principles Ltd for an undisclosed sum. The property comprises a former specialist school set in 16.9 acres with a range of buildings providing classrooms, recreational and residential accommodation. Care Principles is a specialist provider of care for adults with learning disabilities who present with challenging behaviour. The company will develop the Red House property as a residential assessment and treatment centre for 80 patients. Care Principles managing director Joshua Mahadevan said the Red House development, together with others currently in progress, increased the groupÂ¹s portfolio to five homes, providing a total of 300 beds across the country.” Craig Woollam, of FPDSavillsÂ¹ healthcare department, said that, at a time when many closed units were being sold for alternative use, it was encouraging that creative, specialist operators were actively acquiring vacant properties such as Red House for continued use in the healthcare sector.