• Fee income to year end 28.02.15 £835,532 and a ANP of £227,863
• Substantial & valuable mid terraced period property, 30 single rooms with 29 en-suite
• Retirement sale, viewing very highly recommended
Well established and well respected care home for the elderly. Wonderful period property backing on to open gardens. Popular Kent location close to the town centre and sea front. Registered for 30 residents. Fee income to year end 28.02.15 £835,532 with excellent profits. Retirement sale. Viewing highly recommended.
Freehold Ref: 44752
This residential home is situated on a pleasant, tree-lined avenue within a densely populated and sought after residential area of Kent, close to the town centre and sea front.
The home is conveniently located for the main (A) road and motorway and is also close to the local central station, which has links to London on a regular basis in peak times.
The business operates from a substantial mid-terraced period property and is arranged over six floors, providing excellent sized accommodation with a wonderful home from home feel, with the majority of the rooms overlooking gardens and some rooms having sea views. The business offers a hotel life style which has a friendly, relaxed atmosphere, whilst maintaining a comprehensive professional approach to all aspects of care.
The business was purchased by our client over 16 years ago, although we have been advised there has been a care home on the same site for many years.
The home has an extremely good reputation with the local authority with regards to placements, although historically and currently the vast majority of residents are private fee paying clients coming from the surrounding areas, such is the reputation for the level of care offered along with the wonderful home from home feel throughout.
The business caters for 30 residents within 30 single bedrooms, 29 of which have en-suite facilities. All of the bedrooms have a wonderful feel and need to be seen to fully appreciate the size, with many users paying a premium for the bedrooms such is the quality of the care and standard of the rooms.
In our opinion this is an ideal opportunity to purchase a well established and well respected business, in a popular location and would represent a superb addition for an experienced operator who already has an existing presence within the care sector or an excellent investment for an energetic, hands on owner operator.
Summary. A fantastic opportunity to acquire a first class business located in a sought after area of Kent, with sea views which has been under the same ownership for the last 16 years and generates excellent profits.
A viewing is strongly recommended to fully appreciate the location in general, the property and the overall business opportunity.
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