• Annual Income £204,833 - 2013
• Mental Health and Learning Difficulties
• Large detached property with scope to increase registered numbers
Detached property set in a semi-rural location, registered for 10 residents specialising in the care of residents with mental health and learning difficulties. Advised fee income of £204,833 - 2013. Planning already in place for an extra 10 bedrooms. Freehold Ref:43248
The business is located in a densely populated residential area in Northumberland. The property is a substantial detached period property and is arranged over two floors providing good sized accommodation with a home from home feel. The property was purchased by our client in the 1980’s.
The home has an extremely good reputation with the local authority with regards to placements and caters for 10 residents with learning disabilities/mental health. Currently turnover is approximately £210,000 per annum. In our opinion this is an ideal opportunity to purchase an established and well respected business, in a popular location.
The home would represent an excellent investment for an energetic hands on owner operator, or could also be an excellent addition for an experienced operative who already has an existing presence within the care sector.
The current owners have also put in place planning to increase the registered numbers by another 10 rooms. We have been advised that planning has been granted and believe that even with increased capacity the business would still trade with the same high occupancy levels that it does at present.
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