Residential Care Home Reg 20 In All Single En-suite Rooms – Hampshire

Price: £ 1,300,000
business for sale
Seller Reference: CH4180
Asking Price: £1,300,000
Net Profit: £130,000
Sales Revenue: £393,573
Number of Staff: Send enquiry for more details.
Established For: 8  Years  0  Months
Ownership: Freehold

Business Summary

The property is a substantial detached building having been originally constructed around the turn of the century of brick elevations relieved to the front by bay windows all under a deep pitched roof. It has been extended in more recent years to the side and rear and has traded for many years now as a Residential Care Home for the Elderly with all Single en-suite Rooms. The current proprietors have owned the Home for the last eight years and are now considering retirement.

In the event of an interested party wishing to run the Home under management, one of the current owners may be prepared to stay on as the registered manager for a reasonable period of time until a new manager can be found. It should be noted that the registration is currently for Elderly Residents only and there may be more scope by changing all or part of the registration to Dementia Care.

The Home is presented extremely well and the current owners have invested a considerable amount of time and money in maintaining good standards and making considerable improvements. Consequently an early inspection is highly recommended.

Well presented detached Residential Care Home Reg 20 elderly in all en-suite Single Rooms. Located in a well populated residential area within easy reach of shopping and transport facilities. Turnover is around £400,000 p/a with EBIDTA of about £125,000 showing in the accounts to 28/2/10...

Property Infomation

  Property: Freehold
  Living Accommodation: No
  Location: Located in a convenient location within easy reach of good shopping facilities and bus routes. There is access to the A3 within about 10 minutes drive providing fast and easy access to London and the South Coast.

Other Details

  Retirement Sale