Double sale in Lincolnshire
A share transfer of two separate companies recently saw the successful sale to a multiple operator of Hazelmere House and Littlecoates House in Grimsby, North East Lincolnshire. The sales were handled by GLP Taylors.
Both homes are well established within the region, providing a high level of accommodation with a total registration of 76 being accommodated in 75 bedrooms, all of which benefit from en-suite facilities.
With a consistently impressive occupancy level, both sites also offer potential for future expansion.
GLP Taylors said the opportunity was never openly marketed with the agent successfully achieving a competitive bidding scenario from an appropriate shortlist of registered applicants previously agreed with the client.
GLP Taylors say potential for delay was further minimised through the vendorsâ€™ decision to seek specialist advice through themselves as agents and Hackett Windle LLP as legal and tax advisors.