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We helped a care home operator in Nottingham to dispose of their care home business and corresponding property interest. Our client operated a typical OpCo and PropCo structure with one company owning the property and the other operating the trade, both of which were disposed of together in July 2022. This meant we ran two separate, but related transactions, a commercial property sale and a business and asset sale.
As with all care home sales, we had to ensure compliance with Care Quality Commission (CQC) regulations.
The instructing officer (and majority shareholder) of our client is someone that uses us for all corporate matters in the healthcare sector, acquiring and disposing of pharmacies and care homes.