Date Posted: 23/05/2023
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Guide Price: £1,695,000 (Freehold)
Single Beds: 38
Reference: NGA 962
NGA Care are delighted to offer for sale, a well presented country house style residential care home for the elderly located in the East Midlands. The home has close to 40 bedrooms with a large proportion having en suite facilities. The management run home has an excellent reputation and is rated Good by the CQC. FY22 income was c. £1,034,000 with an adjusted net profit of c. £225,000. Current weekly income is c. £21,062 with the majority of residents (84%) being privately funded. This is an excellent opportunity for a regional operator to expand their portfolio or for a new entrant. Share sale, Council tax band H. Offers invited.