Nursing/Care Homes for sale in Cornwall

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Ian McGregor (Nov 2013)
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Freehold Price: £595,000 Price Reduced Annual Turnover: £298,000
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Business Description
• Delightful detached residential care home for adults with learning disabilities, registered for 6 residents
• Income for 2015, £298,000, EBITDA £69,670
• Includes 2 bedroom owner / manager accomodation
• Potential to expand, viewing highly recommended

OIRO ** Detached bungalow set in a semi-rural location within the South West, close to the town centre and amenities, registered for 6. Fee income of £298,000 plus for 2015 with £290,000 plus expected for current financial year. 2 bedroom accommodation for Care Manager/owner arranged as a separate apartment. Freehold ref 44695

This is a rare opportunity to acquire a well-known and highly renowned freehold residential care home for adults with learning difficulties (50+ yrs old), which is situated in a sought after and accessible rural area within Cornwall.

The home is situated in an established residential area with stunning countryside views yet is only 10 minutes from the beach.

The house is an extended detached bungalow benefitting from an extension and has an owners 2 bedroom accommodation, which is totally independent from the main part of the home. The house sits in its own grounds with spectacular countryside views.

There are good services within a close distance of the house, including a supermarket and an abundance of other shops, cafes and public houses.

There are regular links to London by a daily Intercity rail service and with the motorway close at hand.

The business has successfully operated in the locality for the last 16 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 ethos of the home is to establish a home from home for the residents, with more classic rooms of a good size which is over the standard recommendations.

The care home demonstrates an excellent trading record with historically high occupancy levels at capacity. There is a complement of qualified and experienced staff in place, which is another factor of the home’s success and reputation.

The business is extremely successful and produces healthy levels of fee income and excellent profits. The business was established 16 years ago by the current owners who have successfully run this business, and is only now being offered for sale due to retirement.

The home would ideally suit an energetic hands-on owner operator or could also be an excellent addition for an experienced operative, who already has an exi

Summary. This is a rare opportunity to acquire a well-established and highly renowned freehold residential care home for elderly people with learning disabilities, which is extremely profitable and is only now being offered for sale due to retirement.

The home would suit a well seasoned care home owner wanting to expand, but also offers the newcomer a simple management run home, offering an excellent lifestyle and good profitability. To avoid disappointment, a viewing is strongly recommended.
Tenure: Freehold

Listed by: RedwoodsDowlingKerr
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RDK44695
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