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Selling your care home: legal issues to consider

As financial pressures mount on the care home industry, whether due to local authority funding, COVID-19, or a range of other issues, there are a number of actions care home operators may be considering to keep costs down and this may include disposing of one or more care homes. Whether you are an operator running a group of care homes wanting to consolidate your portfolio, or a sole operator wanting to retire and enjoy your next chapter, making the decision to sell a care home is not an easy one. However, with the right legal support and planning, you can increase the likelihood of a successful, smooth transaction. Structure of the transaction: share sale or asset sale When you operate a care home via a limited company, whether the sale is to be structured as an asset sale or a … Continue reading

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