Search

Ipswich care homes sold in £13m deal

PUBLISHED: 15:13 13 August 2019 | UPDATED: 15:50 13 August 2019

Impact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre in a £12.9m deal. Photo: Simon Parker.

Impact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre in a £12.9m deal. Photo: Simon Parker.

Two care homes on the outskirts of Ipswich have been sold for £12.9m.

Impact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre in a £12.9m deal. Photo: Simon Parker.Impact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre in a £12.9m deal. Photo: Simon Parker.

Real estate investment trust Impact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre.

MORE: Is this Suffolk B&B the best in the UK?

The firm will be leasing the care homes out to specialist health and social care provider Optima Care - with initial rent set at £950,000.

Impact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre in a £12.9m deal.Picture: GREGG BROWNImpact Healthcare REIT has acquired Baylham Care Centre and Barham Care Centre in a £12.9m deal.Picture: GREGG BROWN

You may also want to watch:

Baylham Care Centre, in Upper Street, is a 55-bed purpose-built care home which is currently rated Outstanding by the Care Quality Commission (CQC).

While Barham Care Centre, near Claydon, has a 43-bed capacity as was rated a Good during its latest Ofsted Inspection.

In 2017, the care home was extended by 17 bedrooms and there is an opportunity to further expand the site.

An Impact Healthcare REIT spokesman added: "There is a further asset management opportunity to extend the home through building 21 new bedrooms with full bathrooms, while removing 11 bedrooms in the existing single storey extension, adding a net 10 bedrooms to the home."


If you value what this story gives you, please consider supporting the Ipswich Star. Click the link in the yellow box below for details.

Search hundreds of local jobs at Jobs24

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad, serving as your advocate and trusted source of local information. Our industry is facing testing times, which is why I’m asking for your support. Every single contribution will help us continue to produce award-winning local journalism that makes a measurable difference to our community.

Thank you.

Most Read

Most Read

Latest from the Ipswich Star