Early viewing is strongly advised to fully appreciate
Rare opportunity to purchase a thriving business
Well established and highly reputed business
Long waiting list through the local council
Substantial 3 storey 20 bedroom property
Situated in the coastal town of Hartlepool
Scope to further develop the business
Advised annual turnover of £600,000
Ideal lifestyle change opportunity
Genuine reason for sale
Walk in condition
Meridian Business Sales are privileged to offer to the market this tremendous mental health care home which has been established since 1989 and in the careful hands of our client since 1998. The only reason this brilliant business is being offered to the market is due to our clients desire to take a well deserved retirement.
Since our client took ownership of the business he has established an outstanding reputation for the quality of care received by clients and they have an excellent relationship with the local authorities and as such have a long waiting list through the local council.
Our client informs us that annual turnover currently runs at £600,000 which is derived from providing a welcoming, friendly service alongside the fantastic care of clients with mental health problems. The care home is very well regarded and has a very healthy income and profit.
The premises is arranged over 3 floors and is large and spacious. Our client advises us that there is a planned extension to the rear of the property for further bedrooms giving any prospective purchaser scope to further develop the property and to increase registration. All of the rooms are fully equipped due to the nature of the clients needs.
Our client has invested time and money into the business and premises to the point where it is in full walk in condition. He has continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability.
This is an excellent opportunity to purchase a true lifestyle business, which is a great base to build upon and as such early viewing is highly recommended as this unique business is not to be missed.
Well maintained detached property briefly comprising: GROUND FLOOR 1 x lounge 1 x conservatory 1 x dining room 1 x kitchen 2 x WC 1 x shower room 1 x office 3 x single standard bedrooms 1 x single en-suite bedroom 1 x laundry room 1 x boiler house 1 x food store FIRST FLOOR 12 x single standard bedrooms 2 x bathrooms 1 x WC 2 x store cupboards 1 x sluice room SECOND FLOOR 1 x lounge 1 x bathroom 3 x single standard bedrooms 1 x single en-suite bedroom 1 x domestic room 1 x boiler house EXTERNAL 10 x private parking spaces Gardens to the rear of the property Note: There are emergency lights in all bedrooms and communal areas in the corridors. There are smoke sensors, heat sensors, fire extinguishers and fire blankets throughout the building. On the second floor there are remote indicators which are used for roof void. There is also an electrics panel on the second floor.
This fantastic mental health care home is situated in the desirable town of Hartlepool which is on the North Sea coast of North East England. The business is surrounded by complimentary shops, supermarkets and travelling facilities which is ideal for all. Historically a part of County Durham and later Cleveland, the town is now a unitary authority: the Borough of Hartlepool, which includes outlying suburban villages including Seaton Carew, Greatham and Elwick. Ceremonially the town remains a part of County Durham, but has strong cultural and economic links to the Teesside or Tees Valley area, with which it shares a number of provisions including the TS postcode, Cleveland Fire Brigade, and Cleveland Police. The town is easily reached via the A689 and the A179 making commuting easy for anyone who wishes to visit.
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• Detached care home, registered for 35 residents with Mental Health • Fee income £652,604 per annum (y/e 3...More Details
• Turnover c. £ 890,000 • Members of UKHCA • Enviable Reputation • Rapid growth potential ______________...More Details