New national standards don’t deter serious buyers

Posted on April 1st, by editor in Caring Times. No Comments

Care home owners should put aside their current hang-ups with the new National Minimum Standards, as recent negative publicity has not deterred serious buyers in the market place, according to Fiona Gilbert, a director of specialist agents and valuers GLP. Ms Gilbert says she believes market fears are largely unfounded, particularly for good quality owner operated homes. “We have recently seen a strong demand for good quality businesses in the private independent sector, especially where the business is trading well, and enjoys good occupancy levels,” Ms Gilbert said. Contrary to market suggestions of a slow-down, GLP reports handling a large number of sales in what it terms its “Central Register” category. “Providing good trading accounts are available for businesses of this type, finance can usually be arranged,” Ms Gilbert said. “From the buyer perspective, there also seem to be plenty of good quality properties available. “A recent GLP mailing resulted in an extremely positive response from people wanting

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