Residential Home in Cleveland

Price:

Freehold - £595,000

Turnover:

Seller Ref:

2837

Location:

Cleveland, Undisclosed

Business Type:

Care Businesses, Retail businesses

See Other:

Care agencies for sale in Cleveland
Residential homes for sale in Cleveland
Care businesses for sale in Cleveland
Retail businesses for sale in Cleveland

Description:

THE BUSINESS:

Preferred Commercial is pleased to offer for sale this residential home, which was established by our clients in 1989 and which is only now being placed on the market due to our clients' wish to retire. The home is registered for 5 residents with learning difficulties and generates a turnover in the region of £116,000 per annum with a gross profit of 90%. Registration for the 5th resident was only approved in early 2012 and so is not yet reflected in the turnover figures. The business has consistently achieved good CQC reports and has recently been re-contracted by the local authority. We feel this is an ideal opportunity to acquire a well-established and respected care home, with scope to develop further and in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

Location Details:

This residential home is ideally located just a short walk from the seafront and close to the town centre of a delightful seaside resort, which lies at the north edge of the North Yorkshire Moors, in Cleveland. The residential home is just a short walk from the railway station and the local shops.

Trading Hours:

All year round

Accommodation:

Substantial Victorian premises set within a delightful seaside resort. Briefly comprising: Ground Floor • Lounge/TV room • Dining room with French doors to patio area • Kitchen with a range of fitted wall and base units • Utility room • Office First Floor • Private lounge • Private bedroom • 2 x double sized residents' rooms • Shower room with WC Second Floor • Single room (used for staff sleepovers) • 2 x double sized residents' rooms with wash hand basins • Double sized residents' room with en-suite facilities (brought into use 2012) • Bathroom with WC External • Double gates and parking area to side • Split level patio area to rear