Healthcare Scotland buys Trees Park Village

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

GVA Grimley has recently sold the major care complex Trees Park Village on behalf of joint administrative receivers Deloitte & Touche. Trees Park Village, in Darlington, County Durham, at inception was one of the first care villages in the UK, offering more than 400 bedspaces for nursing and residential care on one site. However, occupancy levels suffered during the mid to late 1990s, with increased local competition. This led to the appointment of the joint administrative receivers in September 1999. An extensive marketing campaign during September and October last year generated a great deal of interest, with best and final offers being invited at the beginning of November. A bid from Healthcare Scotland, via the company’s Cheadle Royal Healthcare was accepted, and the sale completed at the beginning of this month. Cheadle Royal specializes in the care of those suffering from mental illness. As well as Trees Park Village, the company operates Cheadle Royal Nursing Homes, comprising four units with more than

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