Healthcare Management Solutions Ltd’s Post

Healthcare Management Solutions Ltd delighted to have been a part of the Griffins team taking St Mary's to a successful sale.

View profile for Stephen Hunt, graphic

Griffins. UK Licensed Insolvency Practitioner.

I am pleased to confirm that the sale of St Mary’s Qualia Care home in Moston has been completed. The home was subject of an application in September that confirmed that the court had the power to remove leases that were not voluntarily surrendered. Last week the court exercised this power over 5 leases to enable the sale to go through.   Investors are likely to receive payments in excess of £20,000 per lease some time this week.   The sales process was led by Alison Willoughby and Nick Hammond at ColliersPeter Fenwick was engaged to advise on the sales strategy. Healthcare Management Solutions Ltd led by Tony Stein have been the operators of the home, ensuring that it was fully CQC compliant and therefore adding value for investors. Thank you to Manchester City Council for providing key funding to preserve the home until sale. Thank you also to Andy Merricks for acting as a turnaround director and to Matthew Brown and his team at Gateley Legal for managing the complicated sales process. Lastly thanks to my team including Geraldine Jackson Valdez, Joanne Wilson and Aadish Jain. Many more to go!

To view or add a comment, sign in

Explore topics