*** North East*** Substantial Sought After Nursing Home
Date Posted: 26/04/2023
Property Status: Under Offer
Management Type: Manager operated
Region: North East
Beds: 30
Guide Price: £1,995,000 (Freehold)
Single Beds: 35
Reference: MC 45
Substantial Sought-after Nursing Home
Registered for 28+ single bedrooms.
100% single bedrooms
2 En-suite
Five Bathrooms
Two passenger lifts
WiFi throughout
Experienced long standing staff with full time manager
Well maintained occupancy Levels
Potential to extend by a further 16 en-suit bedrooms STPP
Turnover Management account 01/04/2021 to 31/10/2021
show a turnover of £614,449 annualised £1,053,341 net profit
of £340,000 (32%). Accounts for July 2021 to July 2022 annualised
£1,114,170 turnover annualised £349,064 profit (31.5%).
CQC good in all areas
Guide Price £1,950,000 Ref MC45
Make an enquiry to the Business Agent
