• Turnover 31/03/2016 £430,220, ANP of 162,212 (38%)
• Popular Essex coastal location, some rooms with sea views
• Retirement sale, viewing recommended
Well established dementia care home registered for 17 residents. Period property with sea views of popular Essex coastline. Turnover 31/03/2016 £430,220, ANP of 162,212 (38%). Historic 50/50 split on local authority and private clients. Genuine growth potential. Retirement sale. Freehold ref 44804
This is a well established and well respected care home, which provides quality care, plus a day care facility within a comfortable and pleasant environment, located in a coastal town in Essex.
The area has seen a number of changes in recent years due to the economic growth in the region and the links to London via the main (A) roads, along with rail links to London. The area has its own railway station along with various bus routes, linking the nearby towns, all of which are popular tourist attractions for the area, especially during the summer months.
The business trades from a three storey period property, which has been extended over time to now provide a good sized accommodation with a home from home feel, in the fifteen single bedrooms and one twin bedroom, thirteen of which have en suite facilities.
The bedrooms are all slightly different in shape and design due to the original conversion, but all provide residents with a tranquil and comfortable living arrangement with many rooms having sea views.
The business was purchased by our client over 8 years ago and is presented in very good order throughout, with many original features still in place and is only being offered for sale due to retirement.
This has an extremely good reputation with not only the local authority with regards to placements, but also from the private sector with many residents coming from word of mouth. Whilst the majority of service users come from the local area, some are from further afield such is the overall reputation for the quality of care and overall location, making it a pleasant place to live with the beach approx. half a mile away.
Summary. In our opinion this is a wonderful opportunity to purchase a well established and well respected care business, in a popular Essex coastal location.
The home would ideally suit an experienced operator who already has a presence within the care sector.
A viewing is strongly recommended to fully appreciate the general location, the quality of the home and the overall business opportunity.
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