Boutique Lichfield care home sold after 36-year ownership

Specialist business property adviser Christie & Co has announced the sale of Rosemary Lodge Care Home in Lichfield, Staffordshire.

Rosemary Lodge Care Home, located in Walsall Road in Lichfield, comprises 28 en-suite bedrooms and landscaped gardens.

The business has been owned by Susan Angenent for almost 36 years and was brought to market in preparation for her retirement.

After a confidential sales process with Paul Reilly at Christie & Co, the home has been bought for an undisclosed sum by an existing care home operator specialising in high-quality residential care for the private sector, operating in the West Midlands and the south.

Former Rosemary Lodge owner Susan Angenent said: “A couple of years ago, I knew it was important to start planning my retirement. More importantly, I wanted not to be in a rush and to find the most suitable buyer. It was the toughest decision I’ve ever made, as the home has been my baby for almost 36 years since we started with three residents on October 3 1990, creating history, longevity and a superb reputation.

“To continue the legacy and success of the home for the future, I knew I could only hand over the baton to someone who could bring experience together with new energy and a new vision.

“With numerous buyers interested in the sale, the buyer was introduced by Christie and Co and I knew immediately with confidence that he was the right buyer to take Rosemary Lodge forward to the next chapter in its history.”

Paul Reilly, a director at Christie & Co, said: “The quality of this well-established, ‘Good’ rated care home attracted multiple buyers, and we agreed a sale within a short time, selecting a well-known purchaser with the ability to transact confidentially.”