Nursing/Care Homes for sale in North Yorkshire

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S Martin (Feb 2013)
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Freehold Price: £900,000 Turnover: £560,000
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established residential care home in North Yorkshire.

The business was established in 1985 and has been in our clients’ careful ownership since 1989. Only now is the business being offered to the market due to our clients’ desire for a well-deserved retirement and family commitments. The business operates all year round and generates a turnover in the region of £560,000 per annum, with a good gross profit.

The home is registered for 25 residents and offers 19 single rooms and 3 double rooms for couples. The care home provides very high standards of care, treating all guests as individuals and offers a wide variety of activities. The business always provides the most professional and highest degree of care and all the rooms are tailored to provide for the individual, whether long or short term.

The business has built up an excellent reputation within the area and further afield, for the high quality of care and service offered, which has resulted in the care home having 100% occupancy with a waiting list for future residents. The property is well maintained and presented to a very high standard and our clients have refurbished the property over the past two years at a cost of over £200,000.

We feel there is scope for a new owner to increase the turnover by offering medically trained staff for specific care. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
This residential care home occupies substantial three storey premises, ideally located within North Yorkshire. The property is located within a picturesque setting with fabulous scenic views. The business benefits from free off street private parking facilities for staff and visitors.  

The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is approximately 7 miles away. The area is also well served by the A-roads and motorway systems, with two major roads being in close proximity, which link to the national A-road and motorway networks.

PREMISES
Substantial two-storey premises in an idyllic location, briefly comprising:

Lower ground floor:

Cellar with storage spaces and a full laundry.

Ground floor:

Main entrance and reception area.

Large dining room.

Large kitchen.

2 x large lounge areas.

Staff room.

Multiple WCs in various locations.

First floor:

A mix of large residential rooms, all en-suite.

WCs and bathroom facilities in various locations.

Second floor:

A mix of large residential rooms, all en-suite.

WCs and bathroom facilities in various locations.

External:

Private car parking facilities for 10 vehicles.

Terrace with scenic views.

Security keypads for all external doors as well as internal areas.

Equipment included:

Fully fitted kitchen.

Dining room and lounge furniture.

Bedroom furniture.

Televisions.

All fixtures and fittings, carpets, curtains etc.

The laundry equipment is hired, with 6 years left on an 8 year contract.

TENURE
We are advised Freehold.

HOURS
The business operates all year round.

STAFF
The business is owner run and managed with 28 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of £560,000 per annum, with a good gross profit.


Tenure: Freehold

Listed by: Hilton Smythe
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