Two Residential Care Homes and Two freehold flats – Project Dryden – London

  • Price: £8,000,000
  • Annual Turnover: £3,063,868
London, England, England
Seller Ref:50226
For Sale

Two Residential Care Homes and Two freehold flats – Project Dryden – London

London, England, England
Seller Ref:50226
  • Price: £8,000,000
  • Annual Turnover: £3,063,868

Overview

Seller Ref: 50226

Description

Two freehold Residential Care Homes (Combined Registered for 66 residents). 35 for Barrington and 20 for beechwood
Annual Turnover for Y.E 2022 £3,063,868 with an impressive EBITDA of £1,400,000.
% split between local authority and private clients is 75/25. Has a sponsorship licence in place.
Two freehold flats for owner/staff accommodation/letting opportunity (sale of this can be discussed with owner).
Redwoods Dowling Kerr is delighted to offer Project
Dryden to the market. Project Dryden represents the
opportunity to acquire a group of two delightful homes in Croydon. The
two homes occupy convenient and desirable locations,
with a combined occupancy of 66 residents.
Both homes are easy to manage logistically as they are
located within a 10-minute drive from each other. Ref: 50226

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

Listed By:

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