If you’re looking to either buy or sell a care home, you need to be aware that it can be and is likely to be, a complicated business. Commenting, Minesh Patel, Partner at stevensdrake, said: “We have expert knowledge in corporate, property and employment law, to ensure that the transaction happens as efficiently as possible – for both buyer and seller. Given the current market conditions, numerous opportunities and the significant interest in securing care homes, we understand the requirement to proceed quickly and diligently. Adding: “In addition to dealing with the transaction documents, our specialists will also check the business out and provide details on the contracts, employees and any past disputes which are of concern. Our employment specialists will also guide you through the requirements of the Transfer of Undertakings (TUPE) Regulations.”
Whether you are selling your Care Home as a private individual or as a limited company, stevensdrake will provide a complete and cost effective service. stevensdrake can also help you whilst you operate your care home business, and build it for the future. This may involve operation or management agreements, refinancing, dealing with employment and regulatory issues, and resolving disputes. For more information contact Minesh Patel on 01293 596991 Published - January 2012This article is provided for general information only. Please do not make any decision on the basis of this article alone without taking specific advice from us. stevensdrake will only be responsible for the advice we give which is specific to you.