• Combined fee income for 2015 £255,817 with combined adjusted profit £115,061 (45%)
• Previous planning permission for two 2 storey buildings & a swimming pool (now expired), extensive grounds in excess of 6 acres
• Scope to extend and featured holiday complex for disabled young adults, viewing highly recommended
Dual business set in stunning location in South Wales complete with owners accommodation and land. Care home with excellent scope and potential for modification/additional specialist respite centre. Currently registered for 4 adults with learning difficulty. Potential much more with simple change of use. Planning permission for expansion. Advised combined income in excess of £255,000. Adjusted profits £115,061 (45%) Includes stunning three bedroom accommodation for Care Manager/owner. Freehold ref 44541
This is a rare opportunity to acquire a well-known and highly renowned freehold residential care home for adults with learning difficulties, (18+ yrs old) which is situated in a stunning and popular area of Newport. The business currently operates as a care home and holiday lettings lodges, however the scope here is to combine the two into one business as a holiday centre with the care home and increase the turnover.
The business is situated in an established residential and rural area of Newport, within easy reach of neighbouring towns and cities.
The owners house is a semi-detached property built in 1995/1996, which is attached to the care home. The business is sat within excess of 6 acres of prime rural hillside with wooded walkways and streams, which represents an idyllic setting for the business. In addition, the vendors operate a series of rental lodges and currently have 3. A single bedroom unit and 2 x 3 bedroom lodges.
In addition to this, there was previous planning permission for 2 x 2 storey lodges and a swimming pool. This planning permission has now expired and therefore would need to be approved again if the new owners wished to continue with this idea. Owned and operated under one limited company, this would be ideal for purchase and modification into a specialist holiday/respite centre for vulnerable adults and will attract individuals, as well as corporate clients and charities specialising in this field.
The business has successfully operated in the locality for over 26 years and during that time has earned a truly enviable reputation, for providing excellent standards of care and support within a warm and friendly environment. The home subsequently enjoys regular referrals and recommendations.
The care home demonstrates an excellent trading record with historically high occupancy at capacity and there is a complement of qualified and experienced staff in place, which is another factor of the home’s success and reputation.
Summary. This is a rare opportunity to acquire a well-established and highly renowned freehold residential care home for people with learning disabilities, a holiday lodge centre and scope to achieve a home with respite centre/disabled specialist holiday centre, which is extremely profitable and only now being offered for sale due to retirement. To avoid disappointment, a viewing is strongly recommended.
The business has recently registered as a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company.
The freehold is privately owned by the vendors and is included within the sale.
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