Residential Care Homes for sale in Widnes

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Ian McGregor (Nov 2013)
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Freehold Price: £649,950 Sale Agreed Turnover: £490,000 Gross Profit: £242,000
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Business Description
BUSINESS
Hilton Smythe is delighted to introduce to the market this former residential home.  The business was originally founded by our client in 1993 and comes to the market as our client looks towards a well-deserved retirement.

This substantial freehold premise houses 25 bedrooms for residential and mental health care and has only recently ceased trading, but was registered for 26 residents.  Set within approximately ¾ acre of land and comprises of the main building, a three bedroom detached house and an annex through to a flat.  All sit  within beautifully manicured landscaped gardens.

The business when trading was very well known in the area with an excellent reputation for the quality of care.  The business reported a turnover of £490,000 with gross profit at circa 50%.   We are advised that there is the potential for the new owner to incorporate care for residents with Dementia as we are advised there is a shortage of this type of care within Widnes.

In addition we believe there is the possibility to expand the living quarters by extending onto the land at the rear of the care home, (subject to the correct planning permissions).  This could potentially double turnover.

Included in the sale is the owner’s 3 bedroomed detached house. There is also the option to purchase this property separately.

Early viewing of this well respected business with scope to develop further is highly recommended.

LOCATION
This former residential home is located in Widnes in the affluent county of Cheshire.

Situated within a densely populated residential area of the town, around 10 minutes from Widnes town centre.  The area is served by several arterial roads both the A562 and A5300 provide easy road links, and the business benefits from being only 2 minutes from the new bridge expressway. The nearest railway stations are at Hough Green and Widnes both just a short distance away from the business.

Widnes lies on the northern banks of the River Mersey, across the river from the industrial town of Runcorn.   The town of Warrington is around 8 miles away and the City of Liverpool is around the same distance away.

PREMISES
This freehold premise nestles with around ¾ acre land, with well-maintained landscaped gardens.  The business benefits from cctv and a large conservatory to the rear of the main building.  In addition there is car parking at the front of the property for around 8 vehicles.

Main building ground floor

Managers office

Stainless steel commercial kitchen with 2 store rooms and emergency lighting.

Cupboard

Staff office

Drugs/medication room

2 staff toilets

Utility/laundry room

Boiler room

2 residents bathrooms

Shower room

Dining room with 26 covers

Visitors toilet facilities

11 resident bedrooms

Conservatory

First Floor

8 residents bedrooms ( 1 ensuite)

1 bathroom with toilet facilities

Additional toilet

Flat – connected to main building via annex.

3 residents bedrooms

Lounge

Fitted kitchen

Bathroom/toilet

Toilet

Detached house (lodge)

Ground floor

Toilet

Lounge

Large kitchen

Dining room

First floor

3 residents bedrooms

1 bathroom/toilet.

All fixtures and fittings are included, incorporating a stainless steel commercial kitchen, 5 freezers, 2 fridges, 2 commercial washing machines (on lease) and 2 large tumble dryers.

TENURE
We are advised freehold.

HOURS
The business is open all year round.

STAFF
The business is owner run and managed with the assistance of 15 members of staff.

FINANCIAL PROFILE
The business reported a turnover of £490,000 with gross profit at circa 50%.   



Tenure: Freehold

Listed by: Hilton Smythe
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