Nursing/Care Homes for sale in Powys

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S Martin (Feb 2013)
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Freehold Price: £1,900,000 Annual Turnover: £728,102
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Business Description
• Impressive detached residential care home
• Registered for 40 residents
• Advised fee income for year end 2015 £751,131
• Highly sought after location

Impressive detached residential care home, providing care for the elderly and dementia sufferers. Registered for 40 residents. Desirable location. Advised fee income 2015 £751,131, EBITDA £140,411. 38 single rooms & 1 twin room. Private grounds. Spacious & well presented property. Potential to develop. Freehold. Ref: 41765

This is an excellent opportunity to acquire a well established and highly renowned residential care home, which is situated in a popular and desirable district in Powys.

The care home occupies a main road location within a sought after residential area and within easy reach of local amenities and the centre of the town. The area is thriving with an ageing population who relocate from the Midlands and other areas to retire. As the population ever increases and grows older the demand for residential care increases.

The home has successfully operated in the locality since the 1970s and during that time has earned an excellent reputation for providing high standards of care, support and development within a warm and friendly environment. The business subsequently enjoys regular referrals and recommendations and operates with healthy occupancy levels. There is an experienced team of qualified staff in place which is another factor of the home's success and reputation.

This is an extremely successful business which produces high levels of fee income and associated profitability. The business has the potential for future improvement and growth, with planning permission in place to increase the number of residents room by 10. There is also the potential for neighbouring properties to be additionally purchased. This would enable the home to operate at a higher occupancy rate which will strengthen the financial profile of the business further.

The business is well presented throughout with tasteful décor creating a welcoming and homely environment.

This is a rare opportunity to acquire a well established freehold residential care home, which is extremely profitable and situated within a desirable residential location. To avoid disappointment, viewing is strongly recommended.

Summary. This is a rare opportunity to acquire a well established and profitable freehold residential care home which is situated within a highly desirable locality. To avoid disappointment, viewing is strongly recommended.
Tenure: Freehold

Listed by: RedwoodsDowlingKerr
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