• Fee Income £934,680 per annum (y/e 31.06.15), impressive EBITDA at £189,000
• Peaceful yet accessible setting, historically high occupancy levels
• 37 majority en-suite rooms, grounds in excess of 2.5 acres, owner’s retiring, viewing recommended
Exquisite detached residential care home with nursing (Registered for 40), peaceful yet accessible setting, Fee Income £934,680 per annum (y/e 31.06.15), impressive EBITDA, 37 majority en-suite rooms, truly enviable reputation, historically high occupancy levels, extensive grounds in excess of 2.5 acres, owner’s retiring, viewing highly recommended. 44158
This is a rare opportunity to acquire an exquisite residential care home with nursing, which is situated in the peaceful rural village of Coundon, Bishop Auckland in County Durham.
Howlish Hall occupies an idyllic setting set amongst open countryside with delightful views and approached via a private driveway, yet is just off the (A689) within easy reach of neighbouring towns such as Spennymoor, Newton Aycliffe and Bishop Auckland with the (A1M) close at hand.
The substantial and imposing detached 17th century Grade II Listed property was extended in 2005 and provides 37 bedrooms of which 26 have the benefit of en-suite facilities. There is also the opportunity to create en-suite facilities in a further 8 bedrooms. The property is continually upgraded with tasteful décor and quality furniture and furnishings.
Howlish Hall has been successfully operated by the present owners for the past 30 years and during that time has earned a truly enviable reputation for providing excellent standards of care, support and dignity within a warm, friendly environment.
The business demonstrates a strong trading record with historically high occupancy levels at or approaching capacity, whilst also enjoying regular referrals and recommendations.
There is a management team and compliment of qualified carers in place which is another factor of the homes success and reputation.
Howlish Hall is a successful business generating excellent levels of fee income and impressive associated profitability.
Howlish Hall represents an excellent acquisition for an ambitious hands on owner operator or would also prove to be a fantastic addition for an experienced operative who already has a presence within the care sector.
This is a rare opportunity to purchase a first class business and a valuable freehold property located in such a desirable setting. To avoid disappointment, viewing is highly recommended.
Summary. This is a rare opportunity to acquire an exceptional freehold care home which occupies such a peaceful and idyllic setting. Only now being offered for sale due to retirement, viewing is highly recommended.
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