Nursing/Care Homes for sale in Morecambe

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Former Care Home - Lancashire

Morecambe, Lancashire, England

  • Freehold Price: £199,950  Price Reduced arrow_drop_down
  • Annual Turnover: £90,539
Seller Reference: RDK45726
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Business Description
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Seller Reference: RDK45726
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Business Description
• Delightful former care home for residents with mental health, registered for 3 residents.
• Convenient & accessible residential setting, excellent reputation
• All single rooms, potential for 4 residents, 2/3 bed owner’s accommodation, viewing highly recommended

Delightful Residential Care Home for residents with Mental Health (Registered for 3), convenient and accessible residential setting, Lancashire -Fee income £90,539 per annum (y/e 28.02.19), EBITDA £64,432, excellent reputation, potential for 4 residents, historically high occupancy levels, all single bedrooms, 2/3-bedroom owner’s accommodation, retirement sale, viewing highly recommended. Ref 45726

This is an exciting opportunity to acquire a well known and highly respected care home for residents with mental health which is located in the popular coastal village of Heysham overlooking Morecambe Bay in Lancashire.

Oakley Care Home occupies an excellent position situated within a densely populated and sought after residential area close to a selection of local amenities, shops and a doctor’s surgery.

The home is well placed for the main bypass and (M6) motorway with public transport facilities close at hand.

Having been in present ownership for the past 10 years, the home has earned an enviable reputation for providing excellent standards of care, support, development and dignity within a warm, friendly environment.

The business subsequently demonstrates an excellent trading record with historically high occupancy levels at or approaching capacity whilst also enjoying continual referrals and recommendations.

Oakley Care Home was rated as “good” by CQC at the latest inspection in 2015.

The home is currently registered for three residents’ however there is the opportunity to increase this to four which would increase fee income and enhance overall profitability.

Oakley Care Home operates from a highly visible and imposing three storey mid terraced property which has been carefully converted and updated offering deceptively spacious and versatile accommodation which is tastefully appointed.

Oakley Care Home is a successful and highly lucrative business which represents an ideal acquisition for an ambitious family or would also prove to be a first-class addition for an experienced operative who already has a presence within the care sector.
This is a first-class business opportunity which is only now being offered for sale due to retirement. To avoid disappointment, a viewing is highly recommended.

Summary. This is an excellent opportunity to acquire a highly respected freehold care home which is located within such a popular residential setting. Only now being offered for sale due to retirement, viewing is highly recommended to avoid disappointment.
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